How to compute your Annual Income Tax or ITR dues Before you begin, you’ll need to check whether you’re on the 8% Income Tax Rate or the Graduated Income Tax Rate. The easiest way to do this is to check your Certificate of Registration from the BIR. This will indicate which tax sc...
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As per the ITR filing website, “the taxpayer must visit the assessing officer and request him to correct the mistake made by him in ITR. The office of the assessing officer can be easily located on the e-filing website of the income tax department.” Here are detailed steps to find ...
You may choose the other two verification options to submit the ITR. However, the process of filing the ITRs is not complete unless its verification is done. This submitted ITR needs to be e-Verified later, using the path 'My Account > e-Verify Return'. Alternatively, ITR-V can be signe...
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 ...
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Navigate through different options and find the “Income Tax Return option” from the drop-down menu. Click on the same. Another drop-down menu opens up, and you have to choose the category of ITR form and then select the “Original/Revised return” option. Furthermore, you can click on...
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