Here we are going to describe the free income tax e-filing software procedure for FY 2023-24. If you are looking for a demo of IT return software for online registration and tax refund, SAG Infotech provides a free trial of Gen Income Tax software for ITR filing. The trial version also...
A1 Shares are listed on Nasdaq, so not on BSE & NSE. As the period of holding is less than 24 month, it is considered as Short Term capital Gains and taxed as per the tax slab. Q2Janak is a salaried employee. In January 2015 he purchased 100 shares of X Ltd. @ Rs. 1,400 per...
Assessment Year: Income Tax return, ITR, is bound to an assessment year. For income earned in FY 2015-6 assessment year is AY 2016-17. Income Tax return forms(physical and excel) of AY 2016-17 and AY 2015-16 are different,. A revised return for the correct assessment year needs to b...