financial services · Income Tax · income tax return

Important amendments in ITR 1 & 4 that you need to know

The income tax department has recently notified new guidelines for the taxpayers. By following the latest amendments, the taxpayers are allowed to reconsider the pre-filling of ITRs very carefully. Along with this, the tax assessee has to verify the pre-filled data and add any additional or other taxable income which has not been pre-filled. Consequently,… Continue reading Important amendments in ITR 1 & 4 that you need to know

financial services · Income Tax · income tax return

What are the key changes in ITR-1 and ITR-2 forms for FY 2018-19?

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?

Income Tax · income tax return

File your income tax return with ease for FY 2018-19 on All India ITR App

After the conventional process of income tax return filing has earned much attention than the traditional method of filing ITR, many tax filers started filing their returns through various applications. These applications allow you to upload your documents and personal details without waiting too long. Thus, it has made tax filing procedure very efficient and… Continue reading File your income tax return with ease for FY 2018-19 on All India ITR App

financial services · Income Tax · income tax return

Everything you need to know about ITR Filing for the 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

financial services · Income Tax · income tax return

ITR Filing: Things to know if you’re a salaried person

Every year there are millions of people in India who file Income Tax return at the end of each financial year. Out of those, salaried individuals or professional and businesses are required to file ITR to claim deductions. But despite repeating the process every year, many individuals who are earning income from salary end up… Continue reading ITR Filing: Things to know if you’re a salaried person

financial services · Income Tax · income tax return

What is the last date of filing income tax return?

Income Tax return filing due date is just a month away and hence, many taxpayers have already might gather all the required documents. And if not, then you should not wait for the deadline to efile income tax return for the financial year 2018-19. As the CBDT has already notified about the last date of… Continue reading What is the last date of filing income tax return?

financial services · Income Tax

CBDT extends Form 16 issue date to July 10; ITR filing due date may also get extended

The government is likely to make an announcement regarding extension of due date for filing income tax return for the financial year 2018-19. Meanwhile, the last date for ITR Filing is already out that is July 31. In context with this, the Central Board of Taxes (CBDT) has issued a notification extending the last date… Continue reading CBDT extends Form 16 issue date to July 10; ITR filing due date may also get extended

financial services · Income Tax · income tax return

Income Tax Calculator Basics For Beginners

Income Tax Calculator enables taxpayers to determine taxable income and overall tax liability which are available online these days. In addition to this, the income tax calculator evaluates your taxes on the basis of your annual income, applicable tax slab and the deductions that are eligible to claim under section 80C and section 80D. Like… Continue reading Income Tax Calculator Basics For Beginners

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What are the Documents Required For Filing Income Tax Return in India

As the income tax department has already notified the last date of return filing which is 31st July ‘19’. Meanwhile, there are some guidelines and procedure which allows taxpayers to understand each and every major detail while filing your ITR. In addition with this, when you prepare for ITR Filing make sure you are collating all your… Continue reading What are the Documents Required For Filing Income Tax Return in India