"This extension is to ensure that all taxpayers are eligible for the rebate under Section 87A.", the court said.

Belated ITR Deadline According to the rules of the Income Tax Department, taxpayers have to file ITR by July 31. If a ...

The new tax regime (NTR) lets you compute your income tax at a lower rate slab, but it renders you ineligible to claim most ...

Most of the income tax changes announced in July 2024 will affect tax deductions and exemptions that can be claimed while filing an income tax return (ITR) in July 2025. ET Wealth Online has listed 15 ...

5. Failure to submit investment proofs: To understand the chronology, one must first declare the investments to the employer ...

Non-compliance can lead to penalties of up to ₹10 lakh if foreign assets exceed ₹20 lakh (excluding immovable property).

Advance tax is a system where taxpayers pay their income tax liability in installments throughout the financial year, instead ...

Advance tax is also called as 'pay as you earn' tax which provisions to deposit advance tax in installments rather than at ...

ITR’s most interesting stories of the year covered ‘landmark’ legal battles, pillar two, AI’s relationship with transfer ...

Investment analysts at Stifel Canada issued their FY2024 earnings per share estimates for shares of Integra Resources in a research note issued on Tuesday, December 17th. Stifel Canada analyst I. Rico ...

If you missed the deadline, you can still file a belated ITR, but under Section 234F of the Income Tax Act, a late fee of Rs ...