The messages and e-mails from the Income Tax Department, asking people to file revised returns by December 31, have invited ...
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Income tax rules explained: Can you claim exemption on long-term capital gains from selling a commercial property?
Many taxpayers are unsure about how long-term capital gains (LTCG) from the sale of a commercial property are treated under the Income Tax Act. A common question is whether the tax exemption available ...
The Income Tax Department said these messages are linked to transaction-related information that is already available with ...
Learn why the Income Tax Department is sending risk management SMS alerts and how they differ from scrutiny notices. This guide explains what taxpayers should do if their refund is temporarily ...
Learn how tax deductibles work to lower your taxes. Discover common deductions like student loan interest, charitable ...
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ITR filing: What is the Income Tax Department's 'nudge' campaign, and what should taxpayers expect? - Explained
The tax department has also advised the concerned taxpayers to review their ITRs, verify the correctness of their deduction and exemption claims, and revise their returns, if required, within the ...
According to the Income-tax Act, a taxpayer must pay advance tax if they anticipate owing more than Rs 10,000 in taxes for ...
If your Income Tax Return (ITR) is not processed by 31 December 2026, or within the prescribed deadline for earlier ...
Discover how factor income, from rents, wages, and profits, impacts GDP and GNP. Learn its role in income distribution and ...
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