Missed the due date – You can still file your income tax return
Most of us missed the deadlines of filling income tax return every year due their busy schedule or lack of time or for some other reasons. Tax due
Recent posts on IT Return Filing
Income tax return filing, due date, itrv and other relevant tips on income tax return filling. Visit this section to learn how to file your income tax return and comply to different legal issues.
How to e-file Your income tax return
E-filing of income tax return is easy like paying electricity bills online or using net banking facility. You just need to have the right details to fill up
What is efilling in income tax
Efilling means electronic filling of your income tax return via internet to the tax authority. Submitting your IT return by e-file or in paper format at IT office
Salary received from more than one employer – Multiple form16
During the financial year, an assessee can be employed simultaneously under more than one employer or can change the employment during the financial year. In both cases, employee
Rounding off of taxable income and tax in India
Rounding off of taxable income and tax has been prescribed under section 288A and 288B of IT act, 1961. According to section 288A you need to round off
No Need to file Income tax return if you have only Salary Income up to Rs. 5, 00,000
If your earning is up to Rs, 5, 00,000 during the financial year then you may not require filing your income tax return. From the financial year ending
How online efiling of your income tax return works
Efiling of your income tax is mandatory for those individual whose income during the previous year increases Rs. 5, 00,000. For efiling of your income tax return you
Incomes to be disclosed in addition to your Salary
Most of the individuals do not disclose certain incomes as those are not noticed by them while filing there IT return. As per the provisions of IT act,
Income Tax Rate for Last 15 years – for Individual, HUF, AOP and BOI
Income tax rate is a percentage specified in the finance bill as a rate to be charged on the taxable income of financial year to which the finance
Debunking 5 common income tax return efiling Myths
Efiling of your income tax return has become mandatory if your taxable income generated during the financial year 2012-2013 has crossed Rs. 5, 00,000. Earlier to this the