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11
Nov

Annual Information Statement AIS in Income Tax Filing

Annual Information Statement (AIS)Heard the Annual Information Statement (AIS)? It may replace Form 26AS shortly. So what is the Annual Information Statement (AIS)? And how will it affect taxpayers? Let's find out.What is AIS?Until now, Form 26AS has served as a consolidated annual tax return. It contains details related to…

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08
Nov

If I miss or delay filing my income tax return what will be the charge

If I miss or delay filing my income tax return, what will be the charges?If you are in a taxable bracket, you must file an income tax return (ITR). The Income Tax Department is reminding taxpayers to file income tax returns for the assessment year 2021-2022. To avoid a last-minute…

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