The I-T dept issued income tax notices to 3.04 lakh persons who had deposited cash of over 10 lakh post-demonetisation but had not filed their ITR till the due date
1 min read7 Aug 2018The extension in the ITR filing due date comes as a relief to those who are yet to file their income tax returns as late ITR filing could attract a penalty of up to 10,000
1 min read26 Jul 2018It is mandatory to file ITR if gross total income of an assessee exceeds the maximum exemption limit
1 min read12 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared