Can we file Belated HUF Returns Under New Provisions Without Form 10IE

If the deadline for filing the Income Tax Return (ITR) is missed, the individual has the option to s...

Can I file Income Tax Return even if Aadhar-PAN are not linked

Yes, you can still file your Income Tax Return even if your Aadhar-PAN are not linked yet. In a ...

Tax Implications on NSC for Minors

NSC or National Savings Certificate is a government savings bond that is useful for small investment...

What should I do if there is an error in AIS or Form 26AS?

Q What should I do if there is an error in AIS or Form 26AS? A The AIS includes information that ...

All about the Annual Information Statement (AIS)

The Annual Information Statement (AIS) is a comprehensive overview of taxpayer information, presente...

How to find the CIN (Challan Identification Number) of advance tax paid?

CIN (Challan Identification Number) is a unique identification number generated by banks when an ind...

Advance Tax Installment Details

Advance tax is tax that is paid in installments throughout the year, rather than paying the entire t...

  • Megha
  • December 31, 2022

Whether tax audit is applicable or not in my case

As per section 44AB of the Income-tax Act, 1961, tax audit is applicable (for above-mentioned cases ...

Taxability of property gifted to nephew

Section 56(2)(x) exempts gift received by any person from his/her relatives in the case of an...

Residential status and taxability of income for NRI

You will be considered as Resident in India since you are staying in India for more than 182 da...

How to reset Income Tax password without efiling or Aadhar OTP?

To reset password without e-filing OTP (if registered mobile has changed)/Aadhaar OTP (if Mobile is ...

How to claim deductions not mentioned under Form 16?

When the employee fails to submit the investment proofs, employer has no choice but to dedcut TDS an...

Who is required to mandatorily file Income Tax Return?

As per income tax laws, ITR must be mandatorily filed if a resident individual's total income du...

Is it compulsory to maintain books of accounts u/s 44ADA?

Section 44AA of the Income-tax Act, 1961 prescribes the requirement to maintain books of accoun...