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...
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...
2019 and sold all of them on 14th Sept, 2020 for Rs 12,500. As I am selling after 12 months of holding period, this is classified as LTCG. My capital gains tax in this case is Rs 250 (Rs 2,500 x 10%).