Browsing Tag
income tax filing
Income Tax Day: Step-by-step guide on using AIS app for taxpayers before ITR filing
As the deadline for the income tax filing for the financial year 2022-23 (assessment year 2023-24) approaches on July 31, many salaried individuals look for an easy option to get their ITR filed in a hassle-free way. The Income…
ITR filing: Penalty and other consequences if returns submitted after due date
For each assessment year (AY), the government gives taxpayers four months to consolidate their income tax details for the relevant fiscal year and submit their income tax return (ITR) properly. The window begins on April 1 and concludes…
ITR filing: Senior citizens, claim these exemptions and deductions by July 31
The deadline to file income tax returns (ITRs) for the financial year 2022-23 (assessment year 2023-24) is July 21. Senior citizens, however, get several tax benefits under the Income Tax (IT) Act, 1961. Representational Image…
Income tax return: As deadline approaches, know which form to use for ITR filing
The deadline to file the Income Tax Return (ITR) for the financial year 2022-23 (assessment year 2023-24) is July 31. The IT department has notified ITR 1, 2, 3, 4, 5, 6, and 7 forms for AY 2023-24 for taxpayers. The income tax…
Income tax return filing: How to file your ITR without Form 16? Follow these steps
Form 16 is a document which a salaried employee gets from his/her employer containing tax deducted at source and the salary break-up. It is mandatory for every employer to provide their employees with the Form 16 document as per income tax…
Attention Taxpayers! April 30 is The Last Date For THESE Income Tax, GST Filings
Taxpayers, direct or indirect, are always at risk of paying penalties if filings are not done timely.Taxpayers need to file GSTR-4, TDS and Form 15G & 15H as soon as possible as their due date is tomorrow, April 30Taxpayers, direct or…
What Deductions Can Salaried Employees Avail While Filing Income Tax Returns? Take A Look
Last Updated: April 13, 2023, 08:38 ISTIncome Tax Benefits For Salaried Employees Filing ITR: There are certain deductions that any salaried employee can avail of while filing their income tax returns. There are certain deductions like…
Step-By-Step Guide To Use Govt’s Income Tax Calculator
The new regime, introduced in the Union Budget 2020-21, on the other hand, offers concessional ratesThe income tax calculator is available on the tax department's official website.
Filing income tax can be a long and tiring…
ITR, GST Return Deadlines Today: Taxpayers Need To Know These Things
The last day of the year, December 31, is the last chance to file your income tax return (ITR).GST taxpayers with turnover for FY22 is over Rs 2 crore can file their annual return in Form GSTR-9 today; those individuals who have filed…