ITR Filing 2024: How to check income tax refund status online using PAN card? A step-by-step guide

The Income Tax Department’s repeated reminders about the July 31 income tax returns (ITR) filing deadline are important. With more than four crore ITRs already submitted for AY 2024-25, it’s evident that many taxpayers are attentive to their tax responsibilities.  To check the status of your income tax refund online using only your PAN card, … Read more

ITR Filing 2024: How to submit a condonation request for delay in ITR verification? A step-by-step guide

The Income Tax Department is aware that unanticipated events can occur and result in you missing the filing or certification deadline for your Income Tax Return (ITR). They therefore provide the choice to ask for a delay condonation. This essentially allows you to request leniency from them and submit your return even if it’s past … Read more

ITR filing 2024: How to check income tax refund status online? A step-by-step guide

The deadline for submitting your Income Tax Return (ITR) for the financial year 2023-24 (Assessment Year 2024-25) is July 31, 2024. Timely filing is crucial to ensure you can claim any eligible tax refunds. Several online resources, such as the Income Tax Department’s website, are accessible to assist you in filing your ITR. After submitting … Read more

Income Tax: How to claim a deduction under Section 80G for donations made to Ayodhya Ram Mandir Trust?

The “Pran Pratishtha” ritual at the Ram Mandir in Ayodhya, signifying the resolution of a centuries-old dispute, was truly a significant event. Occurring on January 22, 2024, it brought immense joy to millions of Hindus globally, marking a momentous celebration. The construction of the majestic temple, symbolizing the emergence of a splendid and self-reliant India, … Read more

How to handle tax and ITR filing on property sale

My mother had purchased a piece of land for 8 lakhs 12 years back. Now She is selling it for 33 lakhs to buy a flat. The circle rate of the piece of land is 17 lakhs. As the registration will be done at the circle rate of ₹17 lakh to avoid payment of excess … Read more