Shailesh contributes Rs 31,000 per month to EPF for FY 2022-23 and his opening balance is Rs 1,11,063. In such a case his annual contribution will be Rs 3,72,000 (Rs 31,000 X 12) and interest will be taxable on Rs 1,22,000 (i.e 3.72 Lacs -2.50 Lacs) along with on opening...
E.g., The Return of FY19-20 can be updated till 31st March 2023. Steps to File ITR-U (Income Tax Updated Return) Form The Updated ITR form has been kept very short and simple so that the assessee can fill in the relevant information easily.Income Tax Department has enabled E-filing...
Belated ITR Filing:If you miss the ITR filing due date, you can still file a belated return, but you must do so by December 31st of the particular assessment year. For example, if you miss the July 31, 2024, due date for the financial year 2023-24 (assessment year 2024-25), you c...
Due date for CSR-2 extended MCA has further extended the due date of filing Form CSR-2 for the FY 2020-21 to 31st May 2022. Extension of deadline for accounting software with audit trail The applicability of using accounting software having audit trail has been deferred again and now shall...
Since the period end to 1 July 2024, the latest practicable date, the Company has bought back a further 225,000 shares at an average discount to the live NAV at the time of transaction of 8.4%. These have also been placed into treasury. ...
The last date to file ITR for individuals for FY 2023-24 (AY 2024-25) is 31 Jul 2024. Details here Learn Properly How to show Capital Gains on Mutual Funds, Indian Stocks, ESPSs, RSUs of MNCs, Fixed Deposits, Refund, Pay Self Assessment Tax and More How to Capital Gains in ITR for...
If the Income Tax Officer considers that the Return as a defective return, then he shall intimate the defect to the taxpayer and give him the opportunity to rectify the defect within 15 days from the date of such intimation. He can also extend the time period on an application made by the...
In ITR1 for FY 2018–19 or AY 2019–20 the Income from other sources is shown in the image below. it consists of Interest from Saving Bank account,Interest from Deposit(Fixed/Recurring of Bank/Post office/Cooperative Society), Interest from Income Tax Refundand Any other ...