Never submit ITR with the tax payable, which will most likely attract query and notice from the I-T Department. In case of insufficient or no tax is deducted at source (TDS), individuals need to pay ...

Challan is a form that is used to pay taxes to the government. The authorized banks receive the tax paid through a challan before it is deposited with the Income Tax department. Payments made with ...

Before filing your income tax return (ITR) this year, ensure there is no pending tax payable on your part through self-assessment. For this, you need to take into account your incomes from various ...

All incomes are liable to income tax, except those that are exempt under the Income-tax Act, 1961. Not paying taxes can lead to prosecution. Making errors, too, can invite penalties. So, know the ...