The first step in income tax return filing online is obtaining yourForm 16, as provided by your employer, along with any other investment proof. This can be used to compute your tax liability for the financial year. Further, you can also download the Income Tax preparation software from the ...
AY 2022-23,2023-24 & 2024-25. PLEASE NOTE THAT: the Public Trust can apply for Final Registration by filing relevant form in the online mode at least six months prior to expiry of period of Provisional Registration or within six months of commencement of activities of Public Trust, ...
ITR-4 Return FilingFAQ's Income Tax E-Filing Partnership Compliance Zero Late Fee Platform Many small businesses pay lakhs in penalty every year to the Government for late filing various statutory returns. Such penalty or late fee paid is not tax deductible and is a drain on profitability. At...
We want to convert the amount (~ $90K) to Roth IRA since this is the year we are both unemployed and will be in lower tax bracket. What are the conditions for using the 401K or Roth IRA money and avoid the 10% penalty fee and taxes for being First Time Home buyers? We sold our...
PENALTY U/S 234F (FEES) FOR LATE FILING OF ITR Under this section, the fee (penalty) is levied if the Income-tax return is not filed within the due date. It is likely to be increased from 1st April 2018 onward as per Section 234F of the Income Tax Act. Provisions ... INCOME T...
until the actual date of filing. For example, the due date for filing ITR for AY 2022-23 was 31st July 2022. Now, if you file a belated return on 2nd October 2022, you will have to pay interest for 3 months. So, the earlier you file it, the lesser penalty you will have to pay...