Belated ITR Filing:If you miss the ITR filing due date, you can still file a belated return, but you must do so by December 31st of the particular assessment year. For example, if you miss the July 31, 2024, due date for the financial year 2023-24 (assessment year 2024-25), you c...
If there is a death or injury to an individual, then a case can only be taken by the Motor Accident Claims Tribunal. How to Claim Road Accident Compensation As Per M.A.C.T Guidelines explains in detail. The third-party damages are covered up to a sum of Rs. 1 lakh for 2 wheeler...
An individual who owns unlisted equity shares of a company or is a Director of a company will be required to file their returns in ITR-2. Individuals Ineligible to file ITR 2 for AY 2020-21 and AY 2021-22? Let’s learn who cannot file or is ineligible to file the ITR 2: Any indiv...
If an individual has already filed the income tax return and subsequently discovers any omission or wrong statement , he can re-file the return with necessary modification.This re-filing of the income tax return is referred to as Revised Return. When should one file Revised Return? The revised...
At the end, you must include the designation of the individual who is overlooking the signing or verification of the return. Instructions for Filing ITR-5 Form This section assists you with how to fill the form. Following are the points you need to be mindful of: ...
Form 1701– Use this ITR form if 1) you are a mixed-income individual, meaning you are an employee AND also earning income from a business or side profession (ex. consultancy work, freelance writer, etc.) or 2) if you’ve chosen Graduated Tax rate with an Itemized Deduction Method ...
Erase Files/Folders:This option allows you to wipe individual files and folders from the drive securely. Erase Recycle bin:This option helps to securely erase the files from Recycle bin beyond recovery. Erase Drive Free Space:This option is useful to wipe free drive space securely. ...
The individual can choose the option that results in the least amount and claim that as the HRA exemption while filing their Income Tax Return. Stepwise Process to Claim HRA in ITR Filing Calculate HRA Exemption:Utilize the formula provided earlier to calculate your eligible HRA exemption amount....
HOW TO COMPLETE YOUR INDIVIDUAL INCOME TAX RETURN ( ITR12 )Leung, K KFong, W KChan, P K LSurya, C
Step 5:-You can take the preview of the Form through the tab Preview Form 15H and for uploading the Form click on Generate CSV for the upload button. Step 6:-After that Click on Save File and select the location where you want to save the File. ...