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Income Tax : Discover hassle-free tips for filing your Income Tax Return (ITR) before the July 31, 2024 deadline. Learn about necessary documen...
Income Tax : Discover the benefits of filing Income Tax Returns (ITR), including compliance with tax laws, improving credit score, visa applica...
Income Tax : Step-by-step guide to filing ITR-2 online for FY 2023-24, covering salary income, capital gains, and other sources of income. Ensu...
Income Tax : Understand the implications of receiving a notice under Section 143(2) of the Income Tax Act. Learn how to respond, time limits, a...
Income Tax : ICAI addresses issues with Form 26AS/TIS/AIS and ITR filing glitches, urging CBDT for timely resolution to aid taxpayers in meetin...
Income Tax : Discover comprehensive FAQs on filing ITR-4 (Sugam) for AY 2024-25. Learn eligibility criteria, tax regime options, documents need...
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 : Discover essential updates on the e-filing portal for ITR 2024-25, including changes in forms, bank validation, refund status, sta...
Income Tax : Learn who can file ITR-7, how to file it, required information, and mandatory schedules. Detailed guide for assessees under variou...
Income Tax : Delhi High Court dismisses Income Tax Department's appeal in PCIT Vs Satya Prakash Gupta case, finding no evidence of commission r...
Income Tax : Explore the Delhi High Court's judgment on ITSC's conclusive nature for AY, assessing reassessment under Section 148 of the Income...
Corporate Law : The Punjab & Haryana High Court orders a father to pay maintenance for his minor son despite his claim of unemployment, considerin...
Income Tax : Chennai ITAT ruled that incorrect classification in ITR cannot deny genuine deductions. Learn about the National Contracting Compa...
Income Tax : Explore the ITAT Mumbai's decision on payments to retiring partners by Deloitte Haskins and Sells LLP. Understand why it's not con...
Income Tax : Discover how TDS charge officers verify high-risk refund cases using Insight Instruction No. 76. Learn about the SOP, steps, and f...
Income Tax : Understand the time limit for income tax return verification after uploading. Learn the implications of late verification and the ...
Income Tax : Explore amendments in ITR form V & Acknowledgement for A.Y 2024-25 as per Income Tax Act, 1961 & Rules, 1962. Understand filing pr...
Income Tax : Learn how to initiate proceedings under section 147 of the IT Act in e-Verification cases. Detailed instructions for Assessing Off...
Income Tax : CBDT notifies ITR-7 [For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 13...
Itr 4 -Who can use this Return Form? This Return Form is to be used by an individual or an Hindu Undivided Family who is carrying out a proprietary business or profession. Annexure-less Return Form- No document (including TDS certificate) should be attached to this Return Form. All such documents enclosed with this Return Form will be detached and returned to the person filing the return.
FORM ITR-2 Who can use this Return Form? This Return Form is to be used by an individual or an Hindu Undivided Family whose total income for the assessment year 2011-12 includes:- (a) Income from Salary / Pension; or (b) Income from House Property; or (c) Income from Capital Gains; or (c) Income from Other Sources (including Winning from Lottery and Income from Race Horses) Further, in a case where the income of another person like spouse, minor child, etc. is to be clubbed with the income of the assessee, this Return Form can be used where such income falls in any of the above categories.
ITR-1 SAHAJ, ITR 2, ITR 3, SUGAM (ITR-4S), ITR-4, ITR 5, ITR-6, ITR-7 in Hindi font for A.Y 2011-12 / Financial Year 2010-11. ITR- SUGAM (ITR-4S) in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-7 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-6 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-5 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-4 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-3 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-2 in Hindi for A.Y 2011-12 Financial Year 2010-11 ITR-1 SAHAJ in Hindi for A.Y 2011-12 Financial Year 2010-11
1. Why are the forms being Modified – Key Imperatives? Centralized Processing Center’s have been set up all over the country with the primary objective of processing returns on a bulk processing basis instead of case by case Processing. CPC would be the fulcrum of faster processing and world class Taxpayer Services. The automated environment at CPC requires forms to be designed in manner which would double the digitization productivity [ Digitization is conversion of manual return forms to Digitized XML Data which is fed to the Processing Engine for Processing]. Some of the problems noticed in Digitization
Income Tax returns 2011 – Only Colour Forms; No Black and White – FOR the new Income Tax returns, No Black and White forms will be accepted and only standard forms with appropriate colors prescribed, fonts used, paper size, paper quality, Bar Code Values will be accepted by the department .
The Income Tax Department has asked taxpayers to furnish details earned from agriculture in its newly modified I-T return form — Sahaj — for assessment year 2011-12. Known as Saral-II and originally meant for the service-class, the Sahaj form has a column devoted to income from agriculture. “This information on agricultural income is for record only and not to be taxed,” a senior I-T official said.
The finance ministry today introduced “Sahaj” and “Sugam” forms to make the process of filing income tax returns simpler, user-friendly and to reduce compliance burden on salaried persons and small businessmen. “Sahaj and Sugam are major steps towards simplification of income tax return filing,” said Sudhir Chandra, chairman of the Central Board of Direct Taxes. He also said efforts were being made to facilitate electronic filing through Sahaj and Sugam I-T return forms.
Sugam – Presumptive Business Income tax Return- SUGAM (ITR-4S) for A.Y. 2011-12 Financial year 2010-11. Indian Individual Income tax Return for those who are not having Income from Business but having Income from Salary – ITR-1 SAHAJ for A.Y 2011-12 Financial Year 2010-11. ITR –V Acknowledgement for ITR-1 SAHAJ, ITR- 2, ITR-3, SUGAM (ITR-4S), ITR-4, ITR 5 and ITR 6- ITR-V-ACKNOWLEDGEMENT for ITR 1 to 7.
We have uploaded below ITR 1- Sahaj, ITR 2, ITR 3, ITR-4, SUGAM (ITR-4S), ITR 5, ITR-6 and ITR-7 in Pdf Format applicable for Assessment year 2011-12 and Financial Year 2010-11. In addition to these we have also uploaded ITR 2, ITR 3, ITR-4 and ITR 5, ITR 6 and ITR 7 in Word Format. We will soon upload all the ITR and acknowledgement in Excel Format also.
Notification No. 18/2011 – Income Tax The return of income required to be furnished in Form SAHAJ (ITR-1) or Form No. ITR-2 or Form No. ITR -3 or Form SUGAM (ITR-4S) or Form No. ITR -4 or Form No. ITR-5 or Form No. ITR -6 shall not be accompanied by a statement showing the computation of the tax payable on the basis of the return, or proof of the tax, if any, claimed to have been deducted or collected at source or the advance tax or tax on self-assessment, if any, claimed to have been paid or any document or copy of any account or form or report of audit required to be attached with the return of income under any of the provisions of the Act.
