How can an NRI carry forward capital losses?
I am a non-resident Indian (NRI) residing in Abu Dhabi for many…
Can I revise my income tax return to claim certain DTAA benefits?
I filed my income tax return (ITR) as a non-resident Indian (NRI)…
Minors with mansions: Now, wealthy Indian ‘kids’ own foreign properties
MUMBAI: Indians have been consistently among the top buyers of marquee properties…
Income tax: Scores of taxpayers get I-T notices under section 148; can be challenged, says ICAI ex-chief Ved Jain
Some income taxpayers have reportedly received notices under section 148, which is…
Income Tax: Is your refund being held up over defective I-T return? This is what you should do
The deadline to file an income tax return (ITR) passed on July…
ITR filing: How can taxpayers check their income tax refund status online? A step-by-step guide
Now that you have filed your income tax returns, you must be…
ITR filing: When will you get income tax refund? Key questions answered
The last date to file an income tax return (ITR) ended on…
Income Tax: As the ITR filing deadline for FY24 ends tonight, be aware of these key points
Since the deadline to file income tax return (ITR) did not get…
ITR Filing: Want to switch back to the old tax regime? Here’s how to do it
There is some leeway in selecting a tax regime thanks to the…
Confused whether capital gains tax on your asset sale will be short term or long term? Here is a complete guide
If you have recently sold an asset and are unsure whether the…
Income Tax Return: Can Budget 2024 tweaks impact your ITR filing? All you need to know ahead of July 31 deadline
With the revision of tax rates in the new tax regime (NTR)…
ITR filing: Still want to switch to old income tax regime? Here is what you can do
In Budget 2024, the central government has sweetened the new tax regime…
ITR filing: Here is a lowdown on new income tax regime— check exemptions and deductions
Although a range of tax-related changes are introduced every year for taxpayers,…
ITR Filing 2024: What is the penalty amount for filing income tax returns after the due date?
Submitting the Income Tax Return (ITR) is essential as it outlines a…
ITR Filing 2024: How can you verify your income tax return? A step-by-step guide
Verifying your Income Tax Return (ITR) after filing is crucial, and fortunately,…
New Tax Regime 2024: From implications to benefits; all you need to know
The introduction of the new tax regime in India marks a significant…
Income tax return (ITR) filing: Here is how to correct discrepancies in AIS, TIS, and 26AS
Individual taxpayers must file income tax returns (ITR) before 31 July 2024…
Are you sharing too much? The risks of giving your ITR credentials to CAs
The dilemma of sharing credentialsHiring a chartered accountant (CA) to file your…
Own foreign stocks or MNC Esops? Omit them from ITR at your peril
I-T rules require all taxpayers who hold foreign assets to declare them…
Income tax return filing 2024: How to choose the right ITR form
The Indian Income Tax Department provides various income tax return (ITR) forms…
