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Post by: Sreeram Viswanath in Compliance Income Tax
ITR Forms for AY 2019-20 The Central Board of Direct Taxes (CBDT) has on the 1st of April, 2019, notified new ITR forms for AY 2019-20. The forms so notified include ITR-1 Sahaj, ITR 2, ITR 3, ITR 4 Sugam,…
Post by: IndiaFilings in Income Tax
Income Tax Returns and Forms Income Tax Returns Income tax returns must be filed by all persons having a taxable income each year. There are seven different types of income tax return and its applicability differs based on the type…
Post by: Sreeram Viswanath in Government Initiatives Income Tax
Types of Income Tax Return Forms Filing of income tax return is mandatory for all persons who have taxable income in India. Not filing an income tax return could lead to penalty and prosecution. In this article, we look at…