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.
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. ...
Private Limited Company Registration @Rs.7,999.00*/- The choice of the business entity is very important decision which has... Read More Income Tax Return Filing @Rs.200.00*/- Every person whether (Individual/HUF/Company/LLP/Trust/Firm) are liabl... Read...
This return is for all type of companies such as Public Limited Company, Private Limited Company, OPC, except Section 8 Company 5 Benefits of Filing Income Tax Return Though According to income tax laws, filing the return and updating your ITR status is mandatory for every individual or entity...
Income Tax Return Filing ITR filing is an annual event applicable for all types of taxpayers whether it is a company, LLP or Individual. The income is taxed differently based on type of tax payer. We have made simple to understand packages for income tax return filing. Please note these ...
The Government will be notifying a few banks, which are banking company, to be the specified bank; and 4. He shall be required to furnish a declaration to the specified bank. The declaration shall be containing such particulars, in such form and verified in such manner, as may be...
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
your e-filing will be considered invalid.It will be considered that you have not yet filed your return. You then have to file a revised return, get a new ITR-V and submit the same within 120 days. So far Income Tax Department has been extending the last date for submission of ITRV ...
Default in filing the Return of Income within the prescribed due date results in a fee or penalty. In this article, we discuss various fees and penalties u/s 234F, 270A, and 276CC.
Hi all,It was a pleasure to talk to you on my Facebook page yesterday, and answer your income tax and tax saving investment related questions.I am glad that I could be of help, and we would definitely have more such sessions before the end of the investment season. A background …[Re...