Page 3 - Itr Forms

ITR: 5 common mistakes you should avoid while filing your income tax return

The taxpayers are required to fill out several forms, Form 26AS, Form 16, capital gains statement, and interest certificates, among others. In all the paperwork, some mistakes are bound to happen

Five key benefits of filing your income tax return by the due date

Filing ITR is mandatory in order to claim deductions under Chapter VI and exemptions on long-term capital gains; but there are other benefits you need to know about

Have Form 16 from two employers? Be careful not to claim tax benefits twice

A mistake in calculating tax liability could lead to a notice from the tax department

ITR 2022-23: How to fill your income tax return for this assessment year?

Here is a quick step-by-step guide on how to file your income tax return (ITR) for the assessment year 2022-23

Compare Form 16 with 26AS before filing income-tax return: Experts

Report any discrepancy between the two documents to the employer immediately and get it rectified

Get a fix on key changes in the new Income Tax Return Forms for AY 2022-23

The forms are quite elaborate and seek a lot of information, so get the documentation and paperwork ready, and make complete disclosures while filing returns

Govt notifies ITR forms for 2021-22; seeks details on overseas pension a/c

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) forms cater to small and medium taxpayers.

46.4 million income tax returns filed amid portal glitch complaints

The government had extended the date of filing income tax returns for AY22 to December 31, 2021, from July 31, 2021

Infosys sets up dedicated war room as deadline for ITR filings nears

Of the e-verified ITRs, more than 23.8 million ITRs have been processed and over 909.5 million refunds for AY 2021-22 have been issued

Over 20 million I-T returns filed on new portal; many glitches rectified

Infosys has been asked to address issues linked to complex filings

Senior citizens above 75 years can avoid filing ITR from next year

Instead, they will just have to make a declaration in Form 12BBA to their bank, which will deduct TDS

Include cryptocurrency gains in income-tax returns, say analysts

Treat it as capital gain if you buy and hold; as business income if you trade frequently

Covid impact: Govt extends deadline for filing income tax and GST returns

Individual must now file return by January 10, 2021; due date for ITR filing for companies extended by 15 days to February 15, 2021

Mistakes you should avoid while filing your income-tax return this year

An incorrect form can render the return defective; under certain circumstances, you may have to file a return even if your income is below the exemption limit

Taxpayers don't need to mention high-value transactions in ITR form: Report

Government is not considering any modification in the ITR form

New ITR forms call for filing return even if your income isn't taxable

Joint property holders can file simplified forms. But even if your income is low, file returns if you meet one of three newly-introduced conditions

Filing ITR for AY 2020-21? Here're the changes you need to know

The notification of the returns followed Budget announcements making income-tax return filing mandatory for certain persons even if their income was below the taxable limit

Power bill over Rs 100,000 or owning house jointly? Can't use ITR-1 form

ITR 1-Sahaj is for individuals having an annual income of up to Rs 5 million from salaries, a house, interest income, family pension income, etc. The form will require passport details

No change in income tax return forms, only utility software updated: CBDT

The policy-making body of the Income Tax Department issued a statement saying the updating process of these forms' utility software does not hamper the filing of returns

New ITR forms decoded: Know the changes and how to file returns with ease

Aadhaar and PAN must be linked for those who are eligible for an aadhaar.