Income Tax slab

Income Tax Slab for AY 2023-24

Income Tax Slab for AY 2023-24

Income tax is a tax that is levied on the income earned by individuals, Hindu Undivided Families (HUFs), firms, companies, and other entities. The tax is calculated based on the total income of the taxpayer, which includes all sources of income such as salary, business income, capital gains, rent, interest, and other types of income. …

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File Belated Income Tax Return By December 31, 2022 To Save Yourself From Scrutiny, Notice

If you have missed filing your income tax return in July, then you can still file a belated income tax return till December 31, 2022 under Section 139 (4) of the Income Tax Act, 1961, but subject to completion of the assessment. Though filing a belated income tax return is still better than not filing …

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