Post by: Renu Suresh in Income Tax
What are the common mistakes while Filing ITR? The deadline for submitting Income Tax Returns for the fiscal year 2023-24 (Assessment Year 2024-25) is quickly approaching, with the due date set for July 31, 2023. Last-minute rush in filing can…
Post by: Renu Suresh in Income Tax
10 Benefits of Filing Income Tax Return (ITR) Tax payment becomes obligatory when income surpasses a certain threshold, facilitated by submitting an Income Tax Return (ITR). The ITR is a form detailing income from the previous financial year, from April…
Post by: Renu Suresh in Income Tax
ITR 4 - Online Filing Procedure The ITR 4 Form, also known as the Sugam form, is tailored for taxpayers under the presumptive income scheme as per Sections 44AD, 44ADA, and 44AE of the Income Tax Act. This form is…
Post by: Renu Suresh in Income Tax
ITR Filing in India: Your Complete Guide In India, Income Tax Return (ITR) filings are essential. They capture your financial activity during a fiscal year—income, investments, deductions, and taxes paid. ITR reflects your contribution to public services and infrastructure. Whether…
Post by: Renu Suresh in Income Tax
TDS Form 16 Form 16 is essential when filing your income tax return (ITR), particularly for individuals who receive a salary. This document is a Tax Deducted at Source (TDS) certificate, providing a comprehensive overview of an employee's earnings, including…
Post by: Renu Suresh in Income Tax
JAVA Based ITR Filing Utility for MS Excel The Income-tax Department announced that the taxpayers who are using Microsoft excel 2007 and below version for preparing the Income Tax Return using Department’s ITR Excel utility are requested to use the…
Post by: Renu Suresh in Income Tax
Launch of New e-filing Portal of the Income Tax Department The Income Tax Department is going to launch its new e-filing portal on 7th June 2021 to make the routine ITRs filing process easier and hassle-free. This is another initiative…
Post by: Renu Suresh in Income Tax
Income Tax New e-filing Portal The Income Tax Department has launched its new e-filing portal on 7th June 2021 to make the routine income tax return (ITR) filing process easier and hassle-free. This is another initiative by the Central Board of…
