5 steps for income tax e-filing for income above 10 lakh
E-filing of income tax was introduced a few years back. But only a few tax payers were using it successfully. But this year filing of income tax has become mandatory for the individuals who earn more than Rs. 10 lakh…
Online income tax filing website crashes due to overload
As the last date for the filing of income tax returns fast approaches on July 30, 2012, the IT department as well as the assesses are facing problems with online data entry. All those who earn more than ten lakh…
Income tax department adds new column for Indians declaring foreign assets
The income tax department of India has tightened its norms and has introduced a new column seeking details of the foreign assets in the Income Tax Return forms for the 2012-13. Those tax payers who hold foreign bank accounts or…