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Hero MotoCorp Faces Rs 26.4 Crore Tax Demand

Hero MotoCorp Faces Rs 26.4 Crore Tax Demand

Fri, Jan 03, 2025

Hero MotoCorp has been handed an additional tax demand of Rs 26.4 crore. In this video, we discuss the details of the tax demand and its potential impact on the company's financial situati

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Income Tax Savings: How you can save up to Rs 8 lakh tax through these 10 methods

Tue, Dec 17, 2024

How to save tax: With the right strategy and investment, anyone can save up to Rs 8 lakh in income tax. Here are 10 effective ways that will not only help you keep more of your income but also support your financial planning.

Zomato gets Rs 803.4 crore tax demand from GST authorities

Zomato gets Rs 803.4 crore tax demand from GST authorities

Thu, Dec 12, 2024

Food delivery aggregator Zomato on Thursday said the GST department in Thane has imposed a tax demand of Rs 803.4 crore, including interest and penalty. The demand order has been received in respect of non-payment of GST on delivery charges with interest and penalty thereon, Zomato said in a regulatory filing.

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ITR refund status: Steps to check your refund online at Income Tax new portal

ITR refund status: Steps to check your refund online at Income Tax new portal

Fri, Jul 29, 2022

Taxpayers should note that if you didn't respond to the I-T department's communication or message regarding a defective return, then the ITR filed will not be processed and be treated as invalid.

Survey finds over 50% taxpayers yet to file Income Tax Returns

Survey finds over 50% taxpayers yet to file Income Tax Returns

Mon, Jul 25, 2022

More than 2 crore ITRs have been submitted via e-filing system, according to a Tweet from the Income Tax department last week. The number is less than half of the total ITRs submitted the year before.

ITR filing last date is holiday for banks. Key things taxpayers should know

ITR filing last date is holiday for banks. Key things taxpayers should know

Mon, Jul 25, 2022

Avoid missing the due date. As per the rule, individuals filing their ITR after the deadline will have to pay Rs 5,000 as a penalty.

What is Form ITR-U? What's the concept behind an updated ITR?

What is Form ITR-U? What's the concept behind an updated ITR?

Fri, Jul 22, 2022

ITR-U or updated ITR is the newest form added under Section 139 (8a) of IT Act. This new provision was added after this year's Union Budget. How does an ITR-U work? Are you eligible to file it or not? Watch the full video to know more.

ITR filing FY 2021-22: Know last date and penalty if you miss DEADLINE

ITR filing FY 2021-22: Know last date and penalty if you miss DEADLINE

Mon, Jul 18, 2022

Where taxpayer files the return of income without digital signature, then the taxpayer should take two printed copies of Form ITR-V.

Income Tax department detects undisclosed foreign assets, funds after raids on Delhi-Mumbai based group

Income Tax department detects undisclosed foreign assets, funds after raids on Delhi-Mumbai based group

Fri, Jul 15, 2022

The CBDT alleged the group was involved in "out-of-books cash sales" in its domestic operations.

ITR filing: How to file Income Tax Returns online, your step-by-step guide

ITR filing: How to file Income Tax Returns online, your step-by-step guide

Fri, Jul 15, 2022

Here is how taxpayers can file ITR 1 and ITR 4 online. Your step-by-step guide.

ITR Filing AY 2022-23: Income Tax Return Filing for FY'22 - Check your form 26AS, AIS, other relevant documents before submission

ITR Filing AY 2022-23: Income Tax Return Filing for FY'22 - Check your form 26AS, AIS, other relevant documents before submission

Wed, Jul 06, 2022

Income Tax India via its Twitter handle @IncomeTaxIndia had tweeted that ITR filing for AY 2022-23 is available on e-filing portal. Income Tax India said that check your Form 26AS, AIS & other relevant documents before submission.

Paisa Wasool: How To Save Income Tax - Do you know these 5 Sections?

Paisa Wasool: How To Save Income Tax - Do you know these 5 Sections?

Sat, Jul 02, 2022

Paisa Wasool: If you want to save Income Tax in addition with what you have saved through Section 80C, then you must know about these 5 Sections of Income Tax. All Details Here:-

Advance Corporate tax collection rose by 45% YoY basis, net collection grow by 52%

Advance Corporate tax collection rose by 45% YoY basis, net collection grow by 52%

Thu, Jun 16, 2022

Net tax collections for the first quarter of the fiscal year that started on April 1, 2022, have soared to 52 percent following a strong uptick in collections. Advance tax collection including corporate and individuals increased by approximately 49 percent in comparison of last year in same quarter

Axis Mutual Fund Case: Income Tax Will Investigate Property, Tax Filing Of Accused Fund Manager

Axis Mutual Fund Case: Income Tax Will Investigate Property, Tax Filing Of Accused Fund Manager

Wed, May 25, 2022

Income Tax is now engaged in the investigation of the alleged front running case in Axis Mutual Fund. The IT department is probing the assets and tax filings of the accused fund managers. It is being told that the accused fund managers have not given the property information in the tax filing. Watch this special report of Zee Business Tarun Sharma.

Budget 2022: Finance Ministry to clarify doubts on applicability of TDS on perks received in business, profession; new rule effective from 1 July

Budget 2022: Finance Ministry to clarify doubts on applicability of TDS on perks received in business, profession; new rule effective from 1 July

Wed, May 18, 2022

The Indian Ministry of Finance will clarify doubts on the applicability of new tax deducted at source (TDS) provision regarding benefits or perquisites received in a business or profession, a PTI report said on Wednesday quoting a senior tax official

Wealth Guide: Akshaya Tritiya Special - Planning to invest in gold? Know these taxation rules of Physical Gold, Sovereign Gold Bonds and more

Wealth Guide: Akshaya Tritiya Special - Planning to invest in gold? Know these taxation rules of Physical Gold, Sovereign Gold Bonds and more

Fri, Apr 29, 2022

Wealth Guide - Akshaya Tritiya Special: The investor should know about the tax liabilities related to gold investment.

What is Hindu Undivided Family (HUF) and its tax benefits?

What is Hindu Undivided Family (HUF) and its tax benefits?

Tue, Apr 19, 2022

Forming an HUF can provide you a lot of tax benefits when it comes to tax assessments. But what exactly is Hindu Undivided Family (HUF) and what are the tax benefits associated with it? Here is all you need to know...

GST: How to generate e-invoice? Step-by-step guide from expert - Mandatory from Apr 1, 2022 for businesses with turnover of over Rs 20 crore

GST: How to generate e-invoice? Step-by-step guide from expert - Mandatory from Apr 1, 2022 for businesses with turnover of over Rs 20 crore

Thu, Apr 14, 2022

"Every eligible business must follow the steps given above strictly to avoid penal consequences."

Income Tax: Refunds worth Rs 1.93 lakh cr issued to over 2.26 crore taxpayers

Income Tax: Refunds worth Rs 1.93 lakh cr issued to over 2.26 crore taxpayers

Thu, Mar 24, 2022

This includes 1.85 crore refunds of 2020-21, AY2021-22, amounting to Rs 38,447.27 crore.

Did you know that your PAN is NOT a randomly generated number? Here's what each character of PAN denotes

Did you know that your PAN is NOT a randomly generated number? Here's what each character of PAN denotes

Wed, Mar 23, 2022

Did you know that your PAN is not a randomly generated number? Here is how your Permanent Account Number is created and the meaning behind each and every character. Watch the video for more.

Reforms in I-T dept, 'strengthening' of economy led to record tax collections: CBDT chairman JB Mohapatra

Reforms in I-T dept, 'strengthening' of economy led to record tax collections: CBDT chairman JB Mohapatra

Sat, Mar 19, 2022

He said apprehensions about the state of the economy, battered by the COVID-19 spread, were belied as it "did so well and the corporates came out so well (in paying taxes)" during the current financial year 2021-22.

Lagnam Spintex deposits MAT of Rs 7.05 cr

Lagnam Spintex deposits MAT of Rs 7.05 cr

Thu, Mar 17, 2022

India's collection from tax on personal and corporate income jumped over 48 per cent in the current fiscal after a 41 per cent surge in advance tax payments, mirroring sustained economic recovery in a year that witnessed two waves of coronavirus infections.

Income Tax: Department issues refunds of over Rs 1.92 lakh crore till March 15

Income Tax: Department issues refunds of over Rs 1.92 lakh crore till March 15

Wed, Mar 16, 2022

The income tax department on Wednesday said income tax refunds worth over Rs 1.92 lakh crore have been issued to more than 2.24 crore taxpayers so far this fiscal.

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