Tag: Income Tax Department

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Avoid Rs 10 lakh income tax penalty! Why it’s important to report foreign income, assets in ITR by December 31, 2024 – check details

Many taxpayers remain uncertain about the mandatory reporting requirements for foreign assets and income. (AI image) Income Tax Returns: The enactment of the...

PAN 2.0: Beware of new scam! Fraudsters launch schemes to fool PAN Card holders – here’s what you should know

Obtaining a new PAN card under PAN 2.0 isn't compulsory. (AI image) PAN 2.0: The Modi government recently gave its not for the...

ITR filing: Important to track your income tax return status – how long does I-T department take to process returns?

Income Tax Return Filing FY 2023-24: The deadline for filing Income Tax Returns (ITR), July 31, 2024, for the financial year 2023-24 (assessment year...

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