A belated income tax return refers to an income tax return that is filed after the due date specified by the Income Tax Department. The due date for filing income tax returns (ITR) is July 31st of the assessment year. If you miss the due date for filing your ITR, you can still file ...
a) Filing ITR 1 & ITR 4S can be done online (without using excel) –Read my other post on step-by-step guide to quick efile ITR1 & ITR 4S) b) While for other ITR (ITR 2, ITR2A, ITR 3, ITR 4), you need to download the excel file, enter information and then upload it back...
To get it from the income tax filing website, login in and click on the ‘View Return’. You would see all the returns you have submitted electronically. Get the Ack.No number as well as filing date as shown in the image below for the year fir which you are revising. Acknowledgement ...
Filing income tax returns could make people nervous, especially those who are filing for the first time. Filing returns is the responsibility of all Indians; however, it must be done carefully by identifying the correct form that applies to an individual. If you, too, are wondering which is ...
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 a
Section 115BAC of the Finance Act 2020 introduced a choice between the old and new tax regimes for the ITR forms. Assessee who chooses to pay tax in accordance with the new tax regime needs to submit Form 10IE to the ITR department before filing their ITRs. Also, if the assessee choose...
Explore the crucial role of income tax filing in personal and national development. Get a detailed guide on how to file your Income Tax Returns (ITR).
Timely Filing of Income Tax Returns Filing within the Due Date: Ensure you file your income tax return (ITR) within the stipulated due date, as prescribed by the Income Tax Act, to be eligible for interest on your refund. Filing early allows ample time for the tax authorities to process ...
All of us know that the entire process of filing of IT return is completed only when we send the ITR-V form to the Income Tax authorities. Earlier after uploading the return, the assessee had to take a printout of ITR-V, sign it and send it to the Income Tax authorities at Bengaluru...
Note: that ITR-U cannot be used to show a loss return, claim income tax refund and so on. When can an Updated ITR be filed? An Updated Returncan be filedin the following cases: Did not file the return. Missed return filing deadline and the belated return deadline ...