Tag: tax returns

Got tax dept SMS on high value transaction mismatch? Here is how to deal with it

NEW DELHI: The income tax department has sent SMSes to taxpayers on 29 March, related to mismatches between income tax returns (ITR) filed for FY2019-20...

Hours before debate, Joe Biden releases tax returns and urges Donald Trump to do so, too

Hours before his first debate with President Donald Trump, Democratic presidential nominee Joe Biden on Tuesday released his 2019 tax returns and his campaign called...

Why you shouldn’t wait for the 30 Sept deadline for filing belated returns for FY19

The 30 September deadline for filing belated or revised income tax returns (ITR) for assessment year 2019-20 (financial year 2018-19) is fast approaching. Belated ITR...

What you need to keep in mind

The 30 September deadline for filing belated or revised income tax returns (ITR) for the assessment year 2019-20 (financial year 2018-19) is fast approaching. The...

New ITR filing criteria introduced from this year that you should know about

In its endeavor to widen the tax base, the government has been taking several measures to catch the tax evaders. In line with this, the...

The pitfall to avoid while availing extra time to file tax returns

New Delhi: A rider that the government inserted in June while giving extra time for filing income tax returns for FY20 could cost high net...