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Income Tax Department

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ITR Filing: Old vs New Tax Regime - Which is better and How to switch regime?

ITR Filing: Old vs New Tax Regime - Which is better and How to switch regime?

The last date for ITR filing is 31st July 2024 and if you are in the process of filing your returns, this video is just for you. Since the introduction of the New Tax regime, the key differences between the Old and the New tax regime has always been a major question on the taxpayer’s mind. Whether you're a seasoned taxpayer or just getting started, understanding these changes is crucial for making informed financial decisions. In this episode of Money Matters, CA Nitesh Buddhadev explains Old Tax vs New Tax regime and how you can switch between the two regimes.

26 July,2024 05:38 PM IST
ITR Filing 2024: Which ITR form to file? ITR 1 vs ITR 2 vs ITR 3 explained

ITR Filing 2024: Which ITR form to file? ITR 1 vs ITR 2 vs ITR 3 explained

The last date of ITR filing 2024 is 31st July which is close. In all, there are 7 types of ITR forms that need to be filed according to the respective eligibility criteria. Filing the wrong form can lead to defective filing making your submission invalid. If you need clarification about what ITR form to file, worry not! In this episode of Money Matters, CA Nitesh Buddhadev explains ITR 1, 2, 3 and 4. Whether you're a salaried employee, a freelancer, or a business owner, this video will provide the clarity you need to choose the right ITR form and file your taxes with confidence.

24 July,2024 01:16 PM IST
IT Raids BBC Offices Across India Amid Modi Documentary Controversy

IT Raids BBC Offices Across India Amid Modi Documentary Controversy

As part of a survey, the Income Tax Department only covers the business premises of a company and does not raid residences and other locations of its promoters or directors. According to the details, the mobile phones of the employees were seized and they were asked to go home, while those working on the afternoon shift at the BBC's Delhi office were asked to work from home.

15 February,2023 10:18 PM IST | Mumbai
Over Rs. 650 crore discrepancies found after raids on Taapsee, Anurag Kashyap

Over Rs. 650 crore discrepancies found after raids on Taapsee, Anurag Kashyap

The Income Tax Department has detected financial irregularities of over Rs 650 crore after it raided two film production companies, two talent management companies and a leading actress, the Central Board of Direct Taxes claimed on March 4, but did not take any names. The statement from the Central Board of Direct Taxes came as raids continued on the homes and offices of Bollywood actor Taapsee Pannu, director Anurag Kashyap and his partners who launched the now-shuttered Phantom Films. The searches also covered the celebrity and talent management companies KWAN and Exceed. Mumbai Khabar brings to you the top news of the day. Watch this video to know more!

05 March,2021 12:00 AM IST | Mumbai
Taapsee Pannu, Anurag Kashyap's properties raided by Income Tax Department

Taapsee Pannu, Anurag Kashyap's properties raided by Income Tax Department

In a massive move against some big Bollywood personalities, Income Tax Department officials carried out raids on 3rd March at the premises of filmmaker Anurag Kashyap, actor Taapsee Pannu and filmmaker Vikas Bahl in Mumbai, over alleged tax evasion, as per reports. A source revealed that multiple teams of the agency’s sleuths were allegedly carrying out searches at over 22 locations in Mumbai and Pune, including premises linked to producer Madhu Mantena, popular celebrity management agencies KWAN and Exceed, as well as several other places, including the premises of Kashyap, Bahl, Mantena and Vikramaditya Motwane’s former production house Phantom Films. 

03 March,2021 12:00 AM IST | Mumbai

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