Krishna ji, the entire process of starting from filing the return till refund is completely smooth & seamless. I strongly recommend to try their services once & you never turned back. I have been a happiest & loyal customer since last 5 years. Thank you & keep up the good work in ...
Krishna ji, the entire process of starting from filing the return till refund is completely smooth & seamless. I strongly recommend to try their services once & you never turned back. I have been a happiest & loyal customer since last 5 years. Thank you & keep up the good work in ...
5. Avoid penalties and late filing fees The Income Tax Department can impose a penalty of up to ₹5,000 for delayed filing or non-filing of an ITR. An additional penal interest on the unpaid tax liability will also be levied if you're filing return after the due date. ...
Now, ITR-filing taxpayers can download the updated version of the desktop utility (V1.1.6) for filing ITR-1 to ITR-4 for AY 2024-25 from the official portal. The common offline utility for filing ITR-1 to ITR-4 is now available at the official portal. Taxpayers can download the ITR-...
The government of India has made some changes to income tax forms that people need to fill out while filing their income tax returns. The new forms are called ITR-1 and ITR-4 and will be used for the assessment year 2024-25. Read PDF The IT department ha
Penalty and late filing charges of Income Tax Return By Taxwink Team|10 Jun,2024 The last date for filing income tax return for the taxpayers in India is 31st July in almost all cases except audit cases. Inc... Read More What are the charges for filing IT Returns- Everything to Know...
Before filing the return, the due tax must be paid. The tax can be paid online or through challan 280 by depositing in bank with cheque or cash. Late Return Filing If the taxpayer has missed the due date of filing the Income tax return, the same can still be submitted as "belated ...
Income Tax Return filing is mandatory for Taxpayers whose income exceeds the prescribed income limit. ITR Filing process is regulated under the Income Tax Act 1961.
Filing an ITR is not just a legal requirement but also provides detailed information on your income and taxes paid during the financial year. Failure to file by the due date attracts a late fee of ₹ 500 per month, up to a maximum of ₹ 1,000....
The government introduced the concept of updated returns in the Union Budget 2022. An updated ITR (ITR-U) can be filed irrespective of whether an individual has filed an original, belated or revised ITR or has completely missed filing the form in a particular financial year. ...