ITR form

ITR Filing 2024: How can you get relief under Section 89(1) for arrear money? A step-by-step guide

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ITR Filing 2024: How can you get relief under Section 89(1) for arrear money? A step-by-step guide

Your tax bill may increase if you receive arrears or additional payments, which would put you in a higher tax bracket. In addition to pay, arrears may involve other sources of income. A comprehensive list of what qualifies as arrears for tax purposes is provided below: Any unpaid bonuses, allowances, or back pay are included in … Read more

Income Tax: Make note of these 5 key points if you are a salaried taxpayer

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Income Tax: Make note of these 5 key points if you are a salaried taxpayer

As the deadline of July 31 to file income tax (I-T) returns is approaching fast, taxpayers must be scouting for documents, forms and necessary information to be able to file their tax return as soon as they can. Before filing your tax return, make sure that you have linked your aadhaar with your PAN. The bank account … Read more