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 can either avail the services of one of the e-return intermediaries or free online services available at IT web site. Followings are the popular efiling intermediary who provides online efiling … [Read more...] about How online efiling of your income tax return works
efiling of income tax return
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, all incomes are taxable if it’s not exempted specifically under the act. When you get your form 16 from your employer, it will contain only your salary for the financial year and not the other incomes that you are receiving … [Read more...] about Incomes to be disclosed in addition to your Salary