A late filing fee is applicable if ITR is filed after the due date which for the current assessment year 2019-20 is December 31, 2020. The maximum penalty for filing ITR after the due date is Rs ...

Before you actually sit down to upload your income tax return (ITR) or visit your Chartered Accountant for filing your ITR, it is better you do some ground work to save the time as well to ensure ...

Income Tax Saving for AY 2020-21: Paying taxes on hard-earned income ... To get clear insights into tax saving, you need to understand tax slabs too. If you are also looking for tax-saving options ...

A freelancer is a person who is self-employed or not committed to a particular employer for the long-term. Freelance workers are sometimes represented by a company or a temporary agency that ...

Income Tax Return filing for AY 2020-21: Form ITR 1, popularly known as Sahaj, is used by a majority of tax payers for filing their income tax return. I am writing this article to help the ...

If not, please do it TODAY! File your Return of Income Tax & ....Relax!," the department tweeted. -The deadline to file I-T returns by individual taxpayers for the 2019-20 fiscal (AY 2020-21)?ends on ...

Photo: Pradeep Gaur/Mint > Who wants to claim credit of tax deducted at source in the hands of any other person. > Who has any assets (including Financial Interest in an entity) located outside India.

There is no change in the income tax slabs under the old tax regime. Since the introduction of the new tax regime in FY 2020-21, the government has made changes only in the new tax regime.

A company had filed its return for assessment year 2020-21 declaring a positive income and ... even though there is going to be no additional tax payable? Please also comment on section 119 ...

The last date for filing the tax audit report for 2020-21 fiscal is January 15, 2022. For fiscal 2019-20 i.e. AY 2020-21, the limit was Rs 5 crore for businesses and Rs 50 lakh for professionals ...