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...
Filing an Income Tax Return (ITR) is an essential obligation for taxpayers in India, ensuring compliance with the country’s taxation laws. However, receiving an e-verification notice from the Income Tax Department can be a cause for concern and confusion. These notices are issued to verify ...
Everyone’s scrambling and asking us how to prepare, file and pay for their Annual Income Tax. With this, to help you understand the 101s on filing your Annual Income Tax Return, we created this guide. What is the Annual Income Tax Return or ITR for? The Income Tax Return or ITR that...
3. Visit the Return Menu. Now that you’ve already logged in to your iTax account visit the return menu on the portal. Then select "Individual Tax Return (ITR) only." You’ll see some mandatory details, which require filling in and confirming. You should also select “Yes” to “Do...
The Income Tax Return or the ITR is the form that comprises the entire information about your income and requires you to file the tax to the income tax department.
How to iterate using Interator when the parameter of List is an object of another user defined class. Say you pass the objects of type book in the List and iterate. itr.next() prints the reference and takes the ptr to next location. how to print the fields of the object? for eg ID...
Find the troubleshooting steps which can help you to find the cause of the issue: Make sure that the system's time and date is correct to the time and date of the geographical location. Next thing to do is to unregister and register again the subscription manager - to be sure the server...
Once the recession ends in late 2024, we are expecting the economy to bounce back; ITR Economics is forecasting2025 to be a period of economic growth. However, once the economy picks up, so does the demand for goods. The increased demand for goods will contribute to a return of inflati...
If you’ve been engaged in share trading and have received profits, you may be wondering how to file income tax returns for it. You need to report the trading gains or losses on Schedule C of your income tax return. The expenses you pay while acquiring and selling the shares are not ...