The season of filing Income Tax Return (ITR) is in full swing. Those who have tax liability are trying to save tax. On the other hand, those whose salary is not taxable are sitting relaxed and ...
For many Indians returning home after extended periods overseas, one recurring tax-season question is whether they can file their income tax return using ITR-1 if they have spent more than 182 days ...
● If you have business or professional income and you want the old regime, you must file Form 10-IEA within the due date under section 139 (1), as per the Income Tax Department guidance. On the portal ...
If you stay outside India for more than 182 days, you can't use ITR Form 1. It is not a question of being a resident or a non ...
With the December 31 deadline for filing revised income tax returns now over, many taxpayers who later spot missed income or ...
The Institute of Chartered Accountants of India (ICAI) has proposed introducing optional joint taxation for married couples ...
Under India’s income tax rules, December 31 is the last date to file a revised return or a belated return for a given assessment year. Once this window closes, taxpayers can no longer correct errors, ...