Though the government is yet to notify the new form, begin with collating documents, checking interest certificates and tallying form 26AS.
Tinesh Bhasin explains the tax liabilities that accompany receiving a gift.
If you miss the July 31 deadline, there is a late filing fee of up to Rs 10,000. Also, you cannot file returns beyond March 31, 2019.
Scientists have developed a novel method that allowed them to successfully hack into Gmail with up to 92 per cent accuracy.
There is a perk for donating to parties. An individual who makes an eligible donation is entitled to get 100% tax deduction under Section 80GGC of the Income Tax Act.
I-T dept will soon issue a unique number to address your refunds and grievances. But the traditional route is still better.
With big data analyses, your investments, spends and big purchases are being tracked more closely now by the income tax department.
Salaried employees get several benefits under Sections 80C, 80D, 80G and others.
The government has made employers responsible for verifying whether the claims filed are according to the law. Earlier, companies went only by self-declaration of employees.
An Aadhaar card can fast-track the KYC procedure for some instruments.
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