income tax returns

Income Tax: Make note of these 5 key points if you are a salaried taxpayer

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Income Tax: Make note of these 5 key points if you are a salaried taxpayer

As the deadline of July 31 to file income tax (I-T) returns is approaching fast, taxpayers must be scouting for documents, forms and necessary information to be able to file their tax return as soon as they can. Before filing your tax return, make sure that you have linked your aadhaar with your PAN. The bank account … Read more

Income tax: Close to 6 lakh IT returns filed within 30 days of portal’s opening, two-thirds processed, says report

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Income tax: Close to 6 lakh IT returns filed within 30 days of portal’s opening, two-thirds processed, says report

The Income Tax (I-T) Department has received as many as 6 lakh returns in the first month of Assessment Year 2024-25 (FY25). Significantly, nearly two-thirds of the verified returns have already been processed, reported Business Line. Over 5.92 lakh returns were filed by April 29. Out of these, over 5.38 lakh had been verified and … Read more