Hence, having a clear idea of the important things ... and you will have to file a revised ITR again using the correct form. If you are a salaried taxpayer, you have to file ITR-1. What is ITR-1?
Filing the income tax return (ITR) is a crucial financial step for salaried taxpayers, especially when failure to do so attracts penalities and legal actions. The deadline of July 31 to file ...
You only need to file your return via form 1 i.e., ITR-1. It is, however, important to note that certain income will not ... tax return, taxpayer should define the nature of employment while ...
ITR for AY 2024-25 has to be filed by July 31, 2024 and as a salaried individual it is important to understand what documents you should look at to file your income tax return correctly.
The bank account where you want to receive your refund should ... ITR-1 to file income tax return if you are a salaried taxpayer. ITR-1 can be filed by a resident individual whose total income ...
Income Tax Return Filing: Why you should ... credit of TCS while filling the ITR Form. 5) Tax credit: – While filing ITR, taxpayers should ensure that taxes already deducted/paid are reported ...
Salaried individuals ... June 15 before filing their income tax returns online for FY 2023-24 to ensure all information is updated, including TDS certificates, AIS, Form 26AS. ITR e-filing ...
Investment Proofs: Tax savings investment and expenditure proofs such as receipt of life insurance premium paid ... should be reported while filing ITR. Also, in case you are paying rent, don't ...
However, for salaried folks, tax season also brings a familiar question: Do I need form 16 to file my ITR? Also Read: ITR Filing 2024: Received Arrear Money? Here’s How To Get Relief Under Section ...
It is that time of the year again when the tax payers start preparing to file their income tax (I-T) returns. However, there are some do’s and don’ts of filing returns which you must keep in mind.
In this video, we will talk about 5 mistakes that you should avoid while filing the ITR Video: Why Should You File Nil Returns I Benefits Of Filing ITR Despite Being Under The 2.5 Lakh Tax Limit ...