Could You Owe Taxes on Forgiven Debt? How to Find Out
As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...
Income Tax Return Alert: Last Date To File Your ITR-U Today March 31
Taxpayers have two years from the end of the relevant assessment year to voluntarily correct errors or omissions in their ...
The Financial Express4d
New Tax Rule: Govt to match your current ITR with previous year’s to find inconsistencies – Details here
If you file Income Tax Return (ITR) every year, then you will need to be more cautious than before while filing it next time.
Relief for taxpayers in income tax search and requisition cases as government amends the Finance Bill 2025
Finance Minister Nirmala Sitharaman provided this relief against income tax searches and requisition cases; Know more ...
Income tax deadline on March 31: Taxpayers can avail 25% lower additional tax benefit on filing updated ITRs
Taxpayers can enjoy a 25% reduction in additional tax and interest by filing updated ITR for AY 2023-2024 by March 31, 2025, ...
Income tax department to compare your last year ITR with current year’s ITR for any irregularities: How taxpayers will be impacted?
The income tax department will check and match your current income tax return filed with the previous year's ITR from next ...