This Income tax return form is designed for individuals whose annual income from salary or pension is below Rs. Fifty lakhs who own just one house property. ITR-2: Beyond Business Ideal for Non-Resident Indians (NRIs), directors of companies, and shareholders of private companies. This ITR ...
2. Details of Foreign Travel:You would need to furnish details of foreign travel made (For resident and nonresident both) including Passport No, Issued at, name of country, number of times traveled and expenses. 3. Capital Gains Account:You need to provide all the details like amount utilized...
You're a non-resident Indian who accrued more than ₹2.5 lakh in India in a fiscal year. ITR filing is voluntary for individuals whose gross total income is below ₹2.5 lakh and do not meet any of the above criteria. Why should you file an income tax return? Here are six reasons ...
The income tax rules and perks of NRI are different from those applicable to resident Indians. For example, From the financial year 2017-18, ITR 1 is not available for non-residents. NRIs are supposed to file returns in ITR2 in all cases, except for business income. NRIs with business ...
ITR Filing for Income from Capital Gains ITR Filing for Small Taxpayers ITR Filing for Business Owners ITR Filing for Non-resident Indians ITR Filing for F&O Traders Income Tax Consultation ITR Filing for Trusts/Societies ITR Filing for Cryptocurrency Gains Online ITR Form Filing and Submission Tax...
The assessee can e-file ITR 1, ITR 2, ITR 3, and ITR 4 for the AY 2023-24. Lets us have a deeper into Income Tax Return ITR Form. ITR 1 Form is filed by taxpayers and individuals who are a Resident with a total Income of up to INR 50 lakhs when the Income is from Salaries...
ITR-1 for FY 2018-19 or AY 2019-20 The ITR-1 form is applicable to resident individuals only having a total income up to Rs 50 lakh from salary, one house property and from sources such as interest income etc. ITR1cannotbe used by an individual who is either a director of a company...
File your FY 2023-25 (AY 2025-25) Income Tax Returns online easily with Myitronline. Upload Form-16, check TDS, refund status. Trust us for tax solutions.
You should use the ITR-2 form if any of the following apply to you: You are an individual director in a company. You have made investments in unlisted equity shares during the financial year. You are a Resident Not Ordinarily Resident (RNOR) or a non-resident. ...
Non-Applicability of ITR- 4 SUGAM Form The following categories of taxpayers do not fall under the ITR 4 applicability criteria: Directors of a company Individuals who have held unlisted equity shares at any point during the previous year. ...