ITR-4 (Sugam) A.Y.2023-24: ITR-4 (Sugam), also known as the Income Tax Return Form 4, is a tax filing form for individuals, Hindu Undivided Families (HUFs), and firms (excluding Limited Liability Partnerships) who have income from business or profession. ITR-4 is especially for individuals/HUF/Firms whose total income does not exceed ₹50 lakh and who have income … Read more
ITR-3 A.Y. 2023-24 – Individuals and HUFs have income from profit and gains of business or profession: ITR-3 is a form applicable to resident individuals and Hindu Undivided Families (HUFs) who earn income from proprietary businesses or professions. It is used for filing income tax returns. Individuals or HUFs engaged in activities such as proprietary businesses, including … Read more
How to File ITR-2 (A.Y.2023-24) – Step-by-Step Procedure: You can use ITR-2 to file your income tax return if you are an individual and HUFs and earn over Rs. 50 Lakh without business income. An ITR-2 covers any income from a salary, pension, house property (More than one house property), capital gains, director in a … Read more
How to File ITR-1 (Sahaj) Step by Step (A.Y.2023-24): To file an income tax return, the income tax department has released different types of income tax forms based on the category of taxpayers. Currently, there are seven ITR forms available to file an income tax return. The Income Tax Return Form 1 (ITR-1), also known … Read more
Which ITR Form Should You File for AY 2023-24: It is important to determine the appropriate form to use when filing income tax returns. To facilitate the filing of income tax returns, the income tax department has introduced a variety of forms. However, selecting the correct form can often be difficult for taxpayers. There are … Read more
For a country like India, a Voter ID card serves as an important document of identification. Irrespective of whether you are buying a new sim card or buying a house, Voter ID card is a must. The Election Commission of India (ECI) has recently simplified the process to register for Voter ID cards by taking … Read more
Form 26AS is a consolidated tax statement which has all tax-related information such as TDS, TCS Refund etc associated with a PAN. It is also called an annual statement. It shows how much of your tax is collected by the government. It is a consolidated statement from multiple sources like your salary/ pension/ interest income … Read more
ITR 7 A.Y.2022-23: In this article, we will discuss ITR-7 instructions, filing procedure, changes, PDF format, FAQ and more. ITR-7 can be used for the persons including companies required to furnish returns under sections 139(4A) or 139 (4B) or 139 (4C) or 139 (4D) only. Updates: ITR-7 is also now available for efiling. Excel Offline Utility … Read more
ITR-6 A.Y.2022-23:The ITR-6 form should be used by companies that do not claim an exemption under section 11. The company seeking exemption under section 11 should not file the ITR-6 form for the assessment year 2022-23. This article provides complete guidance on ITR-6 (Income Tax Return Form), which includes filing procedures, instructions, PDF format, Excel … Read more
ITR 5 A.Y. 2022-23: It is applicable to firms, LLPs, AOPs, BOIs, artificial juridical persons (AJPs), estates of deceased persons and estates of insolvency, business trusts and investment funds. Central Board of Direct Taxes (CBDT) has updated ITR-5 excel and java utilities with PDF instructions. In this article, we will discuss the complete detail of ITR-5 … Read more
Free Income Tax Ready Reckoner A.Y.2022-23 & A.Y.2021-22 Income Tax Rates – Individuals Income Tax Rates – Partnership Firms Income Tax Rates – Companies Capital Gains Tax Rates Cost Inflation Index List of Exemption Available in Computation of Capital Gains TDS Rates TCS Rates Depreciation Chart – Income Tax Act Interest Payable Chart – Income … Read more
In this article, you will learn how to file & view 15CA & 15CB with step by step procedure. All steps where it is necessary are given with pictures from official income tax department website. Check it out, the detail article given on 15CA & 15CB procedure. You can also ask your queries via comment … Read more