Integrated farming to double income
Under new system, farmers will take up various activities The State has come out with its own variant of the concept of “doubling farmers’ income,” through the integrated farming system (IFS). To be implemented More...
When to file revised income tax return (ITR) and how to do it
The income tax return (ITR) filed for AY 2018-19 can be revised till 31 March 2019, or before the assessment happens, whichever is earlier. Photo: iStockphoto More than 34 million people filed their income tax More...
Types of income tax notices and penalties for various offences
Identify your potential Audience with Native AdsSponsored by Colombia Section 131(1A) & Section 133A An individual can receive a tax notice for a variety of reasons. Here is what the notices under different More...
Red flags to avoid while filing income tax return
These mistakes will alert the taxman Here’s a list of seven red flags you need to avoid while filing your income tax return (ITR). These discrepancies in your tax return can alert the I-T department and More...
ITR filing: 10 things about income tax return you probably didn’t know
Income Tax Return filing: It is mandatory for an Individual to furnish the details of his assets and liabilities in the income-tax return if his income exceeds Rs 50 lakh. We generally exercise due care while More...
Handmade hollow noodles increase income of local people in China’s Hebei
A villager dries handmade hollow noodles in Wangqing Village, Handan City of north China’s Hebei Province, June 12, 2018. Handmade hollow noodles increase the income of local people in Wangqing Village, where More...
Planning to take interest-free loan from your employer? Now pay income tax on it
The employee who receives an interest-free loan must ensure that his employer deducts TDS on the total salary income, including the perquisite value of such a loan. Getting interest-free loans from employers More...
Two Days Left To Pay First Instalment Of Advance Income Tax
Advance tax deadline: Quoting of your PAN is mandatory while filing income tax returns. June 15 is the last date to pay the first instalment of advance income tax. Days ahead of the advance income tax deadline, More...
All Seven Forms Of Income Tax Return Uploaded For E-filing. What Are These Forms. Details Here
The ITR-2 form is used by individuals and Hindu Undivided families (HUFs) HIGHLIGHTS Seven types of ITR forms applicable to different assessees Last date to file income tax return is July 3 Taxman started More...
Fire breaks out at Income Tax office in Mumbai’s Scindia House
Firefighters try to douse a fire which broke out at Scindia House building in South Mumbai on Friday. (PTI) MUMBAI: A fire broke out in the Income Tax office in South Mumbai on Friday, but no casualties were reported, More...