Income Tax : Hello readers, After a long time, today I will discuss important points to keep in mind before filling out ITR: 1. Firstly, don’...
Income Tax : Learn essential tips for hassle-free filing of income tax returns like a pro. Maximize deductions and minimize errors with these e...
Income Tax : Understand who must submit an income tax return for AY 2023-24, due dates, forms to use, and late fee provisions. Essential tax fi...
Income Tax : Avoid common mistakes while filing your ITR. Select the correct form, match income with Form 16 and Form 26AS, disclose necessary ...
Income Tax : Discover the advantages of filing your return of income, contributing to national development, validating creditworthiness, acces...
Income Tax : These instructions are guidelines for filling the particulars in Income-tax Return Form-5 for the Assessment Year 2022-23 relating...
Income Tax : Annexure 1 Important points to remember while filing return of income in ITR utility for ITR-3 (online or offline) Validation Rule...
Income Tax : Instructions to Form ITR-3 (A.Y 2021-22) Instructions for filling out FORM ITR–3 These instructions are guidelines for filli...
Income Tax : Instructions to Form ITR-7 (A.Y. 2021-22) Instructions for filling out Form ITR–7 These instructions are guidelines for fill...
Income Tax : These instructions are guidelines for filling the particulars in Income‐tax Return Form‐6 for the Assessment Year 2021‐2 rel...
Income Tax : After notification of the ITR forms various queries have been raised by the stakeholders in respect of filling-up of the ITR forms...
Income Tax : Notification No. 1/2016 Where the EVC (Electronic Verification Code) is generated by giving bank details to the e-filing website h...
Income Tax : The Central Board of Direct Taxes has vide Notification No. 41/2015 dated 15.04.2015 in cases of categories of 'persons' specifi...
Income Tax : Central Board of Direct Taxes (CBDT) vide its Notification No. 9/2012 dated 17th February, 2012 has exempted salaried employees fr...
Income tax return filing is a mandatory process that the assessee should carry out with due care. However, the otherwise basic and simple process becomes cumbersome with the lack of knowledge. Read on to know 7 easy tips that will make income tax filing process a lot simpler:-
Ensure a hassle-free ITR preparation for your business with these top 17 key considerations. Avoid incorrect processing or defective notices by accurately filling out Part A General.
Understand how to fill Schedule SH-1: Shareholding of Unlisted Company in your Income Tax Return. Learn with an easy-to-follow illustration.
A comprehensive guide on how to file Income Tax Return (ITR). Learn about the procedure and get answers to frequently asked questions.
After notification of the ITR forms various queries have been raised by the stakeholders in respect of filling-up of the ITR forms. In order to address such queries, following clarifications are issued. —
The last date for filing Income Tax Return is July 31st of every year (Extended up to 31st August 2019 for Assessment Year 2019-2020 and with few certain exceptions as provided above), which can be belatedly filed up to March 31. For example, Income Tax Returns for Assessment Year 2019-20 (Financial Year 2018-2019), can be filed belatedly till 31st March 2020.
All India Federation of Tax Practitioners has submitted a Memorandum to request for Extension of Date for filing Income Tax Return for assessment year 2019-20 considering hardship of taxpayers.
Currently, certain category of person e.g. Individual, HUF are required to file a tax return only if his total income exceeds maximum amount not chargeable to tax. With the objective of ensuring governance in Budget 2019 Proviso to Section 139 (1) has been inserted and the scope of tax-return filing requirement has been widened by […]
Navigating the challenges of filing an ITR successfully. Learn about the different ITR forms and how to choose the right one for your income source.
Avoid these 16 common mistakes while filling your income tax return (ITR) to prevent penalties and tax notices. File your ITR with utmost care and accuracy.
