It is important to note that eligible taxpayers who were previously unable to claim the Section 87A tax rebate can now do so ...
The Income Tax Department has released revised Excel utilities for ITR Forms 2 and 3. Additionally, the department has ...
To claim the Section 87A rebate, taxpayers must manually update the tax rebate column in the ITR Excel utility. After editing ...
Eligible taxpayers who have income up to Rs 5 lakh/7 lakh can claim tax rebate under section 87A up to Rs 12,500/25,000. The ...
The ITR filing utilites for ITR-2 and ITR-3 has been updated on January 4, 2025 however, the JSON schema is not yet updated ...
The countdown for the union budget has officially begun as we enter the new year. As Finance Minister Nirmala Sitaraman will ...
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Choosing between the New and Old Tax Regime depends on an individual’s financial profile. The New Tax Regime is more suitable ...
Even if your return has been processed and you have received a refund or paid any additional tax that may have been demanded, you can revise your return.
The decision comes after the Bombay High Court directed the IT department to extend the due date for claiming the benefit.
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