Before filing your tax return, ensure your Aadhaar is linked with your PAN and your refund bank account is validated.
ITR Filing 2024: Submitting Income Tax Return (ITR) stands as a pivotal financial obligation that all qualifying individuals should meet. You must surpass the basic exemption threshold to consistently ...
Income Tax alert! The income of each of your minor children is exempt up to Rs 1500 in a year and any income beyond this limit has to be clubbed in the income of the parent whose income is higher. If ...
ITR Filing without Form 16: Almost all salaried taxpayers wait for their employers to hand over Form 16 to them for filing income tax return (ITR). Though Form 16 makes it easier to file tax ...
To fill in salary details in ITR1 and ITR2, you need to submit Form 16 along with mandated salary-related documents. In the case of exemption claims, the deductions and certificates showing principal ...
An individual will have to input personal information like first name, gender, date of birth, and PAN number to begin the ITR filing process. Income details will have to be uploaded along with Form 16 ...
Last year, form ITR-2, the relevant form if you have capital gains, had not been issued in April. “But this year, the tax department has already notified forms and enabled utilities in April.
Employers provide Form 16 to their employees towards the end of May or before mid-June every year. Form 16 is basically a certificate issued by the companies to prove that taxes have been deducted ...
Income Tax Return Alert: If your income is up to Rs 5 Lakhs you pay zero tax, but you must still file ITR. Income Tax Return Alert: Those earning individuals who have business income, they must file ...
The due date for filing income tax returns, considered a tedious annual ritual by many, for the financial year 2022-23 is just a few days away – July 31, 2023. From getting all the documents in ...