Did you not receive your income tax refund yet, here is how you can check the status of your income tax refund

Didn’t get your Income Tax Refund despite filing the ITR on time? here’s why

Around 45 days have elapsed since the filing deadline for income tax returns, and the income tax administration has already started disbursing qualified taxpayers’ refunds. The income tax (I-T) department reports that as of September 8, 2022, refunds of Rs. 1.19 lakh crore had been given out, which is 65.29 per cent higher than had […]

Re opening of Eway bill from august 2021

Blocking of E way Bill – EWB generation facility begin again after 15th August 2021

As you are probably aware of the facility of blocking of E Way bill generation had closed temporarily due to ongoing pandemic as per the CGST Act 2017, In General, the facility of E way bill generation of a person is liable to be restricted when the assesses fails to file their return in form […]

Due dates of Income tax have extended further

CBDT Further Extends The Due Dates Of Filing Various e-Forms Under Income Tax Act 1961.

CBDT Further Extends The Due Dates Of Filing Various e-Forms Under Income Tax Act 1961.  This news is likely to be welcomed by the taxpayers as they can now fill the e-forms even after the due dates and also within the extended time period. (i) The Quarterly statement in Form No. 15CC to be furnished […]

you may have to pay double taxation from July 1st here is why

You Will Have to Pay Double TDS from 1st July – Here’s Why?

The income tax department has a new formula to calculate your tax liability from July 1 if you haven’t filed your income tax return (ITR). According to the finance act 2021, if an individual has not submitted an Income tax return for the previous two years and has an aggregate TDS/TCS Credit of Rs 50,000 […]