If you find yourself in this situation, don’t panic. While penalties and fees are associated with filing your ITR after the due date, it’s still better to file late than not at all. In this blog post, we’ll go through the step-by-step process of filing income tax returns after t...
However, it must be noted that an individual who files the return of income under section 139(4A) or 139(4B) or 139(4C) or 139(4D), will not have to file ITR5. Individuals Ineligible to file ITR5 Here is a list of categories who are not required to file the ITR5 form: Individua...
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...
The Income Tax Return or ITR that most people refer to is actually the annual tax form that individuals file every April 15th of the following year. This form summarizes all of the income (or loss) you have incurred for the past year. With the new Tax Reform Laws (TRAIN), there are n...
Please file your ITR on time:The last date of filing Income Tax Return (ITR) is31 July 2019.From FY 2018-19 If taxpayers – individual or corporate – forget to file their income tax returns by the due date, theywill not be allowedto claim tax breaks on investments, children’s school...
Step 1:Visit the KRA iTax online portal website athttps://itax.kra.go.ke/KRA-Portal/ Step 2:At the KRA iTax portal login page enter your KRA Pin number, password and the answer to the security question Step 3:After login in, go to returns tab and click ‘ITR for Employment income ...
How to file Revised Income Tax Return ITR 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....
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. ...
HOW TO COMPLETE YOUR INDIVIDUAL INCOME TAX RETURN ( ITR12 )Leung, K KFong, W KChan, P K LSurya, C
Complete details about how to download and view Form 26AS through the new income tax filing portal so follows steps: Step 1: Open the government official website: https://www.incometax.gov.in/iec/foportal/ Step 2: Logon to the new ITR E-filing Portal 2.0 Step 3: After that go to ...