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File Belated Income Tax Returns FY23 December 31

Late submission of an income tax return (ITR) incurs penalties. Individuals filing their ITR after the due date will be charged a late fee of Rs 5,000, along with applicable interest.

Newly Introduced Discard Income Tax Return Feature Advantages

The “Discard” ITR option on the Income Tax Department's website allows taxpayers to permanently delete their filed tax returns. Once discarded, the return can not be retrieved by the taxpayer.

Tax Deadline File Updated Return Assessment Year 2021 2022

The Income Tax Department reminds taxpayers of the approaching deadline to file the Revised Income Tax Return (ITR) for the Assessment Year 2021-2022.
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GST

Guide to the Duty Drawback Scheme under the GST Act 2017

A Comprehensive Guide to the Duty Drawback Scheme under the GST Act 2017: Exploring Various Provisions

Income Tax Calendar for December 2023: Key Deadlines You Should Not Miss This Month

All taxpayers must be mindful of important deadlines related to their income tax responsibilities. December 2023 presents several key dates that require attention.

Tax Deadline Reminder: File Your Updated Return for Assessment Year 2021-2022

The Income Tax Department reminds taxpayers of the approaching deadline to file the Revised Income Tax Return (ITR) for the Assessment Year 2021-2022.