The income tax department has already notified the ITR Forms for the financial year 2018-19. These forms are slightly different from previous years forms. However, the changes have been already declared by the government so that taxpayers may not face any complexities while filing ITR. Meanwhile, ITR forms form ITR-1 to ITR-7 has already available… Continue reading What are the key changes in ITR-1 and ITR-2 forms for FY 2018-19?
It’s the income tax season and every individual are busy filing their taxes. According to income tax Act, individuals whose annual income is in excess of the basic exemption limit of Rs 5 lakh must file their income tax return. In addition, the returns should be filed before the specified due date. Every Income Tax… Continue reading Everything you need to know about ITR Filing for the FY 2018-19
The deadline to pay the first installment of Advance Tax for the financial year 2019-20 is on 15th June 2019. In case you haven’t paid the first installment of advance tax yet, then this is the best time to pay because the due date is just a day away. For depositing Advance tax, the individual’s… Continue reading Alert: Pay first installment of Advance Tax by 15th June 2019