When the reporting of individual tax returns is done by post, an expedition service, or courier service, the taxpayer submits the annual income tax return form in a sealed envelope that has been attached to the income tax return information sheet. The proof and date of the letter shall be ...
Tips on How to save Income Tax in India
In this post, we will explain –How to file Income Tax return online for FREE in simple steps. 1)E filing of income tax return is mandatory – if your total Income is Rs 5 lakhs or more. Digital signature is not required to file e-returns.Read this post to see when efiling is man...
As the deadline to file your income tax returns draws closer, taxpayers are in the middle of a frantic search to get all the documents in time. For any salaried person, Form 16 is a basic document that is required to file ITR each year. However there are times when you don't have ...
You can file ITR 1 & ITR 4S online (without using the excel ITR file). In this post, I am providing step-by-step guide to file these returns on Income tax efiling website. As the due date for income tax is 31 July, you need to make sure that te returns are file on time. Fro...
Know how to file Income Tax Returns for business. Our experts will help you to file income tax return for small business in india
sections 44AD, 44AE, or 44ADA, it is presumed to have been calculated after accounting for all allowances, depreciation, losses, or deductions as per the Income-tax Act. However, individuals incurring losses after applying the proviso to sub-section 3 of Section 44AE are required to file ...
in section 139 of the Income Tax Act 1961, is required to file return of income Transactions of the taxpayer who have not filed return of income for a specific assessment year and have potential tax liability or who are under obligation to file return of income, are displayed for feedback....
How to Revise Income Tax Return? How should the revised returns be filed – Online or Physical? To file revised returns, one can use both the online and physical methods. However, you can revise returns online only if you have filed the original returns online and have the 15-digit acknowl...
How tofile TDS returnonline? Preparing TDS returnoffline: Step 1.Register your TAN on the E-filing portal of the IncomeTax Departmentif not done. If done already login to the website with TAN details. Step 2: Downloadan offline Return Preparation Utility (RPU) and (File Validation Utility ...