Filing an income tax return is a legal obligation that varies based on different scenarios. Here's a breakdown of who should file an income tax return: Filing an Income Tax Return (ITR) in India is ...
Indian residents are required to report their global income and foreign assets as part of their annual income tax return (ITR) filings. The provisions of the Income Tax Act, 1961, mandate transparency ...
The Black Money Act of 2015 was introduced to combat such illegal practices, and Schedule FA became a crucial role of the Income Tax Return (ITR) Form from the Assessment Year (AY) 2012-13, relevant ...
The announcement came via a playful Instagram video shared by Netflix India. The video featured Koli and Saraf reliving their characters’ journey, starting with their memorable coffee-shop meet-cute.
Raha, the daughter of Alia Bhatt and Ranbir Kapoor, has quickly become a social media sensation. Whether on-camera or off-camera, the little one already shines as a star. Recently, the “Love & War” ...
Declaration of foreign assets: If foreign assets were not declared in the original Income Tax Return (ITR) filed for AY 2024-25, a revised return must be filed by December 31, 2024. Failure to do ...
Disclosing ownership of foreign assets and reporting income from them are two different requirements in the ITR, both of which need to be done. Taxpayers have to mandatorily report all foreign ...
Large Cap 0.25% Axis Nifty 500 Index Fund--Invest Now Equity: Flexi Cap 0.10% Axis Nifty Midcap 50 Index Fund +46.03% Invest Now Equity: Mid Cap 0.28% Here’s a breakdown of who needs to file, the key ...
The e-filing of Income Tax Returns (ITR) for the Financial Year 2023-24 (Assessment Year 2024-25) commenced on April 1, 2024, with varying deadlines for different categories of taxpayers.
The deadline to file income tax returns (ITR) by corporates and individuals requiring audit for the financial year 2024-25 is November 15, 2024. The deadline was set for October 31, 2024 ...