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Procedure to Check your ITR

You can claim an income tax refund when you have paid more tax than the actual tax liability.

ITR filing date extended to

The Central Board of Direct Taxes (CBDT) extended the deadline on Tuesday to file ITR for certain categories of taxpayers and an announcement was

Income Tax exemption limit may

The Finance Ministry has already announced a provision in the interim budget.

Changes in new ITR forms

The new ITR forms require elaborated details for all sources of income that is disclosed by the assessees.

Pay zero tax if you

If your HRA comprises 50 percent of your basic salary, then you can get maximum tax benefit of it.