Income Tax Calculator
This is an income tax calculator to calculate income tax returns filing for the current year. You can use this free income tax calculator to figure out your income tax.
'How to file income tax' is on everyone's mind and we bring you a simple income tax calculator to figure out how much income tax you have to file during your income tax returns filing for the current assessment year.
This income tax calculator also provides latest income tax slabs based on your income and takes into account your various incomes and deductions that are available to you in Income tax Act. Income Tax has to be filed by every individual who earns more than Rs 2.5 lakh in an assessment year. You will need your Form 16 from your company in order to file your Income Tax Returns. One can fill Income Tax online.
Income Tax
Come January 1, taxmen can directly start recovery for mismatch in sales in GSTR-1, 3B
Wed, Dec 22, 2021
The move will help curb the menace of fake billing whereby sellers would show higher sales in GSTR-1 to enable purchaser to claim input tax credit (ITC), but report suppressed sales in GSTR-3B to lower GST liability
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Received notice from Income Tax department? Did you make any of these transactions? Expert suggests this checklist
Sat, Dec 18, 2021
If an individual makes high-value cash transactions, there is a strong possibility that he/she might get a notice from Income Tax Department. The different cash-related transactions include banks, mutual fund houses, brokerages, and property registrars
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Income Tax Return: File ITR before due date or pay late filing fees of Rs 5,000; Know what IT Department says
Mon, Oct 11, 2021
As per the information provided by the Income Tax Department, if a person who is required to furnish a return of income under section 139 fails to do so within the time prescribed then they will have to pay interest on tax due.
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New Income Tax Portal: Infosys acknowledges some users continue to face difficulties
Thu, Sep 23, 2021
IT major Infosys on Thursday acknowledged that some users continue to experience difficulties in accessing the income tax portal and assured that it is working expeditiously, in collaboration with the Income Tax Department, to further streamline end-user experience.
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Income Tax Return Filing Deadline EXTENDED: Check due dates, reason and other details here
Fri, Sep 10, 2021
The central government on Thursday extended the deadline till December 31 for filing of income tax returns by individuals for the financial year 2021, amid the coronavirus pandemic and technical glitches in the IT portal. Check the details here:
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Income Tax Refund 2021: CBDT issues refund of over Rs 67, 000 cr till August 30; follow 4 EASY steps to check ITR refund status
Sat, Sep 04, 2021
The Central Board of Direct Taxes (CBDT) has issued refunds of over Rs. 67,401 crore to more than 23.99 lakh taxpayers between April 1, 2021 to August 30, 2021, said Income Tax India on Saturday.
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Important alert from SEBI! Link Aadhaar with PAN till THIS date, else it will become INVALID - Check process to do it on income tax website www.incometaxindiaefiling.gov.in
Fri, Sep 03, 2021
The market regulator has also mentioned that all the existing investors are advised to ensure linking of their PAN with Aadhaar number prior to September 30, 2021 or any other date specified by CBDT
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