Income Tax : The revised ITR-4 requires mandatory disclosure of the year-end business bank balance and introduces a new investments field. The ...
Income Tax : The revised ITR forms for AY 2026-27 introduce new tax slabs, expanded ITR eligibility, and enhanced disclosure requirements. Unde...
Income Tax : Taxpayers with foreign assets, high income, capital gains, or business complexities cannot file simplified ITR forms. Using the wr...
Income Tax : ITR-4 Sugam: End of Blind Presumptive Compliance?” The Central Board of Direct Taxes (CBDT) has introduced a significant complia...
Income Tax : A comprehensive guide to filing ITR 4 (Sugam) for FY 2024-25, covering applicability, new tax regime's impact, required documents,...
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 : Discover comprehensive FAQs on filing ITR-4 (Sugam) for AY 2024-25. Learn eligibility criteria, tax regime options, documents need...
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 : Central Board of Direct Taxes, e-Filing Project ITR 4 – Validation Rules for AY 2023-24 – Version 1.0 – 23rd May 2...
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...
ITR-4:This form is applicable, both, to Individuals and HUFs who carry out any business or professional activity in addition to having sources of income applicable to ITR-3.Income Tax department on Wednesday releases the online return filing software utility in respect of ITR-4for A.Y. 2010-11 which can be downloaded from the link given below:-
The government is considering to re-introduce one-pager ‘Saral form for filing income tax return. The form was discontinued in 2007-08 and instead of that ITR-1, ITR-2, ITR-3 and ITR-4 were introduced for individual taxpayers.
Income Tax Department released on yesterday 15/06/2009 software utility for E-Filing of Income tax Return for Partnership firms i.e. ITR-5 and Income Tax Return for E-Filing of Companies i.e. ITR-6. Department already released ITR-1, ITR-2, ITR-3 and ITR-4. We can access the same at given below link:-
ITR-1 return of income for individuals having income from salary/ pension/ family pension and not having any other income except income by way of interest Chargeable to income-tax under the head Income from other sources; (ii) ITR-2 return of income for Individuals and Hindu Undivided Families (HUFs) not having any income under the head Profits or gains of business or profession;
Filing of Income Tax returns is a legal obligation of every Individual/HUF whose total income for the previous year has exceeded the maximum amount that is not chargeable for income tax under the provisions of the I.T Act, 1961. Income Tax Department has introduced a convenient way to file these returns online using the Internet.
