Taxpayers must select an ITR form and file their returns according to their total income, the nature of their income, and ...
Currently, there are 7 forms notified by the department - ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. It is crucial ...
The Income Tax Department has launched a new Excel-based utility version of ITR-2 to make filing easier. This form is ...
Taxpayers are required to choose an ITR form and file their returns based on their total income, nature of income, and the ...
With an organised approach, investors can seamlessly navigate tax filings, stay compliant, and avoid unnecessary penalties, ...
File a rectification request to tax dep’s assessing officer today to fix wrong tax demand notices, intimations, etc issues ...
December 31 is the deadline for filing revised or belated ITR for FY 2021-22. The last chance for filing late returns comes with a penalty, however, no penalty will be levied on revised returns.
The ITR is a declaration of one's income to be used for showing the taxes tat have to be paid during a financial year.
Even after the due date, you can revise a return and change the tax regime, but only if the original ITR was filed by the due date of filing. In my opinion, you can file a revised ITR to correct ...
The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...
Old Tax Regime Vs. New – Which Saves You More? Your ability to switch between the two depends on your source of income. While ...