Income Tax Filing Archives

Income Tax Intimation under Section 143(1)(a)

Post author:TAXVIC
Post published:November 5, 2023
Post category:Financial Planning Income Tax Filing Tax Advisory Tax Compliance Tax Consultant Tax Documentation Tax Refunds Taxation Laws
Reading time:7 mins read

If you have filed an income tax return, the income tax department will issue an intimation under Section 143(1)a to intimate you about the return filed by you and whether…

What is Schedule AL? Guidelines to file Schedule AL in ITR

Post author:TAXVIC
Post published:September 5, 2023
Post category:Filing ITR with Accuracy Financial Disclosure in ITR Immovable Assets Declaration Income Tax Filing Loans and Borrowings in ITR Movable Assets Disclosure Outstanding Liabilities in Tax Returns Schedule AL Tax Evasion Prevention Measures Taxation Laws in India
Reading time:6 mins read

Filing income tax returns can be a difficult undertaking, especially for people who have a large number of assets and liabilities. The Indian Income Tax Department introduced Schedule AL to…

A Guide to Income Tax Return Filing in India: Important Dates and FAQs

Post author:TAXVIC
Post published:June 20, 2023
Post category:Advance Tax Payments Belated Tax Filing Financial Year and Assessment Year Important Dates and Due Dates Income Tax Audit Income Tax Filing Refunds and Returns Tax Compliance Tax Deadlines Taxation in India
Reading time:12 mins read

Filing income tax return is a critical responsibility for every Indian taxpayer. Understanding the due dates, fiscal year, assessment year, and other relevant aspects about income tax return filing is…