–Date: Select Date of Income Tax Return filing –Mode: Select Mode of Income Tax Return filing (i.e., e-Filed return | Paper filed return) –Circle/Ward and City: Enter Circle/Ward and City of the taxpayer –Remarks: Enter remarks for Income Tax Return filing (Optional) ITR has not...
Penaltyfor filing an income tax return after the due date under section234Fis available from FY 2017-18. The government has introduced a late fee of Rs 5000 if filed between last date and 31 Dec. And Rs 10,000 from 1 Jan to 31 Mar.If an individual’s gross total income does not exc...
File ITR with the best income tax e-filing company in India. We offer GST compliance services, TaxOptimizer, audit services, online accounting, and more.
The first thing that the IRS reviews keenly when it comes to tax return is math. Math mistakes are something you should avoid at any cost. Using a tax software and tax professional should help you to abandon these mistakes. Today, many taxpayers still do tax filing manually. Just check you...
2023 Child and Earned Income Tax Credits For tax year 2023, the child tax credit provides $2,000 per child and does not adjust with inflation. Up to $1,600 of this credit is potentially refundable when filing your taxes in 2024 if you qualify for the additional child tax credit. ...
2023 Child and Earned Income Tax Credits For tax year 2023, the child tax credit provides $2,000 per child and does not adjust with inflation. Up to $1,600 of this credit is potentially refundable when filing your taxes in 2024 if you qualify for the additional child tax credit. ...
Old vs. New Tax Regime: Understanding the Differences For the assessment year 2024-25, individuals and Hindu Undivided Families (HUFs) have to pay taxes under the new tax regime unless they opt for the old regime while filing their return of income before the due date. The new tax regime ...
The due date for the filing of various audit reports for the AY 2024-25 is now extended to 7th October 2024. Read Circular The Income Tax Department has scheduled a special drive in the first week of October to address taxpayers’ grievances in Jammu & Kashmir. The Notification No. 105/...
What is the average tax refund in 2023? Not sure how much money to expect back when filing your taxes this year? Experts warn that the average refund is down, year over year. The average tax refund in 2023 (so far) is $1,963, lower than last year's average of $2,200. ...
net investment income tax, in addition to the regular income taxes you owe. You won't know for sure until you fill out Form 8960 to calculate your total net investment income. But before you sit down with the form, you may want to consider whether your income and filing statu...