Income Tax : Learn how to file ITR 1 Sahaj online for FY 2024-25 under India’s New Tax Regime. A simplified stepwise guide covering documents...
Income Tax : Selecting the right Income Tax Return (ITR) form (ITR-1 to ITR-7) for AY 2025-26 is crucial for tax compliance. This guide outline...
Income Tax : Start filing your Income Tax Returns (ITR-1 Sahaj & ITR-4 Sugam) for AY 2025-26 (FY 2024-25) now! Access online/offline utilities ...
Income Tax : Understand the changes in ITR forms (1-7) for AY 2025-2026, including updates to capital gains reporting, tax regimes, deductions,...
Income Tax : CBDT has notified updated ITR forms for AY 2025-26. Changes include revised asset reporting thresholds, capital gains bifurcation,...
Corporate Law : Understand who qualifies to file ITR-1 (SAHAJ) and ITR-4 (SUGAM) forms, including income sources and exclusion criteria for indivi...
Income Tax : CBDT revises ITR Forms 1 & 4 for AY 2025-26, expanding eligibility criteria, adding disclosure requirements and simplifying compli...
Income Tax : Understand PFA and defective return queries for ITR 1-6 for AY 24-25, including MAT applicability, TDS/TCS claims, and income disc...
Income Tax : Learn who can file ITR-1, who cannot, necessary documents, and precautions. Understand the process of filing ITR-1 (Sahaj) online ...
Income Tax : CBDT has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial Year...
Income Tax : In CIT Vs Kelvinator of India Ltd. 256 ITR 1 the Full Bench of the Delhi High Court was considering a case of reopening u/s 147 wi...
Income Tax : The corrigendum rectifies structural errors in ITR-1 and ITR-4 forms, particularly in tax payment reporting fields. It ensures acc...
Income Tax : The notification addressed limitations in ITR-1 eligibility for multiple house properties. The amendment permits reporting of up t...
Income Tax : Learn about the latest changes in Income Tax Rules, 2025. Key amendments include updates to ITR forms and provisions for capital g...
Income Tax : CBDT notifies ITR 1 and ITR 4 for Assessment Year (AY) 2024-25 / Financial Year (FY) 2023-24 vide Notification No. 105/2023-Incom...
Income Tax : CBDT notifies ITR forms for AY 2023-24/ FY 2022-23 Except ITR-7 vide Notification No. 04/2023-Income Tax Dated: 10.02.2023 and not...
The ITR forms for each year are notified after end of the financial year incorporating changes applicable from the relevant financial year. The Income tax department has notified new ITR forms on 1st April 2019. Since this is a personal finance page, the discussion is restricted to provisions of new ITR which are applicable to […]
Taxguru Team compiled the Rule 12 of Income Tax Rules based on the RECENT amendment in rule 12 vide Notification No. 32/2019-Income Tax Dated 01/04/2019 for ready reference of our readers. Changes are Marked in Red Coloure. Rule 12 of Income Tax Rules as applicable from 01st April 2019 i.e. for Income Tax Return of Assessment […]
CBDT vide notification No. 32/2019 dated 1st April 2019 amended the Income Tax Rules 1962 and added certain clauses to Rule 12 and released Income Tax Return Form Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V as applicable for return filing of Financial Year 2018-19 / Assessment Year 2019-20.
CBDT notifies Form Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V for A.Y. 2019-20 / F.Y. 2018-19 vide Notification No. 32/2019 dated 1st April, 2019. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 32/2019 New Delhi, the 1st April, 2019 […]
In this article we have discussed which ITR is applicable for a Particular Assessee for Assessment Year 2018-19 i.e. for Financial Year 2017-18.
Different forms are required to be used for filing your ITR depending on whether you are a resident or not and what are the sources of your income. There are ITR 1, ITR 2, ITR 3 and ITR 4 which can be used by individuals. Who can use ITR 1 (popularly known as Sahaj.): This […]
Everything you need to know about ITR-1 form: the simplest income tax form for individuals with up to Rs. 50 lakhs income. File online or offline.
Income Tax Department declared March 31, 2018 as deadline for filing belated returns for the financial year 2015-16 and 2016-17. In case you haven’t filed your ITR for FYs 2015-16 and 2016-17, you cannot file a belated return anymore.
Financial Year 2017-18 has ended and due date filing of Income Tax Return is fast approaching. Income Tax Department has notified total 4 forms for Individuals and HUF. This article tries to unfold each of the form and to ensure easy understanding of the same.
1. Changes in ITR 1 Applicable for A.Y. 2018-19 This from has been made applicable only for resident individuals. Conditions: Income from salaries, one house property, other income and having total income up to Rs.50 lakhs and his total income should not include any income from betting, gambling, etc. There is a requirement to furnish a […]
