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Filing Income Tax Return after Due Date : Belated return

If you don’t file your income tax return till due date (31 Aug 22 for FY 2021-22 or  AY 2022-23) all is not lost you can file your income tax return with fine or penalty. If you miss this deadline as well, then you will not be able to file ITR unless you receive...

Fixed Deposit over multiple Financial Years, Tax and ITR

Fixed Deposit (FD) is an investment product which allows you to invest a lump sum of money for a fixed period and at a fixed rate of interest. It is one of the simplest investment product with many benefits. In India, you can invest from 7 days to 10 years. Interest...

Tax on Cryptocurrency in India

Tax on Cryptocurrency depends on whether you talking about FY 2021-22(AY 2022-23) or FY 2022-23(AY 2023-24).  Cryptocurrency gains could happen in multiple ways such as mining, or conventional buying and selling. While the Reserve Bank of India has not granted legal...

Which ITR Form to Fill?

Every taxpayer is required to declare to the Income-tax Department of the Government of India, a summary of income, tax paid which he earned during the year(between April to Mar of next year) in a form prescribed by the Government something like a report card in...

Videos on Income Tax

This page lists the videos related to Income Tax which can help you. If you have income there is a tax. To understand Income Tax we need to understand what is Income, Income Tax slabs, Types of Income, the tax on different types of Income when it is taxed, dates and...

TCS Buyback

TCS, Tata Consultancy Services, has announced a buyback of 4 crores of its shares for a total amount of Rs 18,000 crores at Rs 4,500 per share buyback of shares in a tender offer on 12 Jan 2022. The Record Date for the buyback is 23 February 2022.  60 lakhs will be...
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