The Income Tax Department has announced a key update for taxpayers eligible for the Section 87A tax rebate for the financial year 2023-24. On December 31, 2024, the department confirmed that affected taxpayers can file revised or belated Income Tax Returns (ITR) to claim the rebate. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest […]
Bombay High Court asks CBDT to extend ITR filing deadline for these taxpayers to Jan 15 – CNBC TV18
The Bombay High Court has directed the Central Board of Direct Taxes (CBDT) to extend the Income Tax Return (ITR) filing deadline to January 15, 2025. The decision comes in response to a Public Interest Litigation (PIL) filed by The Chamber of Tax Consultants, as reported by The Economic Times. Index Fund Corner Sponsored Scheme […]
ITR Filing for FY23-24: Last-Minute Tax Payment Tips
**ITR Filing for FY23-24: Last-Minute Tax Payment Tips** As the deadline for filing Income Tax Returns (ITR) for the financial year 2023-24 rapidly approaches, taxpayers are working hard to ensure they meet the cutoff. With only two days left, understanding the various methods of paying taxes and their associated transaction fees is crucial to avoid […]