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ITR stands for Income Tax Return, a form that assesses file information about income and tax to the Income Tax Department of India. Learn about the different types of ITR forms, the eligibility criteria, the due dates, and the penalties for late filing.
Learn about the history, functions and structure of the Income Tax Department, a government agency in India that collects direct taxes and enforces economic laws. The article covers the ancient and modern origins of taxation, the Income-tax Act, 1961, and the Central Board of Direct Taxes.
Learn about the history, law, administration and collection of income tax in India, a key source of government funding. Find out how income tax is governed by the Income-tax Act, 1961 and other laws, and how it applies to different types of taxpayers and income.
IRS (Income Tax) is the administrative revenue service of the Government of India, responsible for collecting and administering direct taxes. It is a Central Service under the Ministry of Finance and has two streams of recruitment: direct recruits and Group B officers.
Learn about the history, functions and recruitment of the Indian Revenue Service (IRS), a civil service that collects and administers direct and indirect taxes in India. The IRS has two branches: IRS (Income Tax) and IRS (Customs and Indirect Taxes), each with its own statutory body and policy responsibilities.
Form 3CE is a prescribed format for an Audit Report and is part of the process of filing Income Tax Returns for a certain section of Assessees in India. The Income Tax Department of India specifies the use of the Form and various rules and regulations are associated with it. The Income Tax Act, 1961, and the Income Tax Rules, 1962, govern the ...
Learn about the types, forms, deadlines, and preparation of federal and state tax returns in the U.S. Find out how to file an amended return, what is a tax return, and how to get free tax software.
Learn about the origin, evolution and current practices of income tax, a tax imposed on individuals or entities based on their income or profits. Compare different tax rates, deductions, credits and exemptions across countries and jurisdictions.