In India, the Financial Year (F.Y.) runs from 1st April to 31st March. We have to perform certain important tasks before the end of the F.Y. to plan our present and future. Although we have a full year to complete these tasks in advance but we Indians are adventure loving people and we wait for the […]
There are many options in the market where a person can invest and save his/her tax. But before investing anywhere, all the factors must be kept in mind like return on investment, risk involved, lock-in period, minimum and maximum amount that can be invested and many more.
ITR is to be filed by filing the forms provided by Income Tax Department for this purpose. There are currently nine ITR forms provided by the department for different assessees. The different types of ITR forms released are based on different types of persons (Individual, H.U.F., Firm, Company etc.) and the various sources from which income can be earned (Salary, Capital Gains, Business & Profession etc.).
