Here we are going to describe the free income tax e-filing software procedure for FY 2023-24. If you are looking for a demo of IT return software for online registration and tax refund, SAG Infotech provides a free trial of Gen Income Tax software for ITR filing. The trial version also...
Tax-harvesting is using the tax-free window of Rs 1 lakh to lower your overall LTCG tax. You redeem, and then re-invest, a portion of your equity investments which are over one year old, and hence are long-term in nature, to the extent that the gains do not exceed Rs 1 lakh in ...
Assessment Year: Income Tax return, ITR, is bound to an assessment year. For income earned in FY 2015-6 assessment year is AY 2016-17. Income Tax return forms(physical and excel) of AY 2016-17 and AY 2015-16 are different,. A revised return for the correct assessment year needs to b...