The taxpayer must accurately declare all previously undisclosed income that was discovered during the search or requisition.

Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...

Central Board of Direct Taxes (CBDT) has introduced Form ITR-B for filing returns related to block assessments under Section 158BC(a) of the Income Tax Act, 1961. This form applies to cases involving ...

Central Board of Direct Taxes (CBDT) has introduced Form ITR-B for filing returns related to block assessments under Section 158BC(a) of the Income Tax Act, 1961. This form applies to cases involving ...

Moreover, checking your ITR status regularly helps you stay updated and quickly resolve any discrepancies. Make sure to file your return before the due date - typically July 31 for most ...

Selling the property in March 2025 would require a CGAS deposit by 31 July 2025, the due date for filing the ITR. On the other hand, selling in April extends this deadline to 31 July 2026 ...

Last chance to file updated Income Tax Returns for AY 2022-23 with additional tax penalties, consequences for non-compliance.

This applies if you: Missed filing the return Underreported income Claimed incorrect deductions Paid less tax than due Do note: Additional tax will be applicable for using ITR-U. If you earn ... The ...

A 2024 returns and payment deadline of November 3 is in place for: Boone, Greenbrier, Lincoln, Logan, McDowell, Mercer, Mingo ...