In FY 2022-23 (AY 2023-24), the last day to submit an Income Tax Return (ITR) without a late fee is 31st July 2023. Those who file their returns after the due date will have to pay interest under Section 234A and a penalty under Section 234F. ITR Due Date A.Y. 2023-24 (F.Y.2022-23) The following table … 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
No doubt, there is no need to enclose any documents with income tax return now. But it is advisable that you should prepare all supporting documents on the behalf of you filed income tax return. As Assessing Officer may demand these documents at any time after the filing of the income tax return. Documents in … Read more
Persons Required to File Income Tax Return (A.Y. 2022-23 & A.Y. 2023-24): According to the Income Tax Laws, if a resident individual has earned a total income exceeding the basic exemption limit during the financial year, he or she must file an ITR on a mandatory basis. If you opt for the old income tax … Read more
The procedure for e-filing of income tax returns is completed when you verify your return. So, to verify the return you have two ways as follows; Sending a physical copy of ITR-V to CPC, Bangalore; or e-verify your income tax return Updates: In accordance with the CBDT notification, the 120-day time limit continues for ITRs … Read more
How to View All Filed Income Tax Returns Online: Sometimes, you might forget whether you filed or e-Verified your income tax return for previous years. If you want to know how many income tax returns you have filed online, it is very easy to do so. In addition, you can find out what dates your income tax … Read more
How to e-Verify ITR with DSC 2022: In this article, we will discuss how to e-verify income tax return through digital signature certificate (DSC) 2022. We will cover all the guide which is applicable on new income tax portal i.e. incometax.gov.in. It is very simple procedure to e-verify income tax return (ITR) through DSC. The … Read more
In this article, we will discuss how to e-verify income tax returns (ITR) with a bank ATM. As you all know that income tax return verification is mandatory after e-filing. There are two ways to verify income tax returns (ITR) i.e. online or offline. There are total of five ways to verify income tax returns … Read more
Reset IncomeTax.gov.in Password Latest 2022: You can get help resetting your password on the e-Filing portal by clicking the Forgot Password link. You can reset your e-Filing portal by the following option. We have provided the complete detail about these options step by step. The most used option to reset incometax.gov.in login password is Aadhaar … Read more
The deadline for filing an income tax return for the year 2022-23 was 31st July 2022. Hopefully, you have filed your income tax return on time. You can still file your income tax return up to 31st December 2022, but you will have to pay a late fee penalty as per section 234F of the income … Read more
Filing online income tax return has placed the assessee in a very comfortable zone where he can take care of his legal obligations through electronic form. However, there are certain additional credentials that should be fulfilled physically along with electronic filing. Updates: Central Board of Direct Taxes (CBDT) has reduced the time limit for confirming … Read more
Check all methods to the e-Verify income tax return in very easy and quick steps with pictures. You can ask us if you find an difficulty to e-verify ITR via the comment form given below. The income tax return filing process is not complete until a successful verification of the income tax return. The income tax … Read more
IncomeTax.gov.in Registration and Login Procedure 2022: The purpose of this article is to explain the procedures for registration and logging in to incometax.gov.in. In this article, we’ll explain how to register your PAN for income tax return e-filing. Incometax.gov.in requires people to be well aware of how to register and log in. Here’s a quick … Read more
Deduction 80DDB (A.Y. 2022-23): Deduction of Medical Treatment: This year when you file your returns, make sure that you are availing maximum benefits which has been offered by the IT Department of India. In this article, we will be discussing the range of deductions which a taxpayer can get under Section 80DDB. So, let’s get … Read more
Income Tax Deduction 80E (Interest on Education Loan) A.Y. 2022-23: The interest on an education loan is available for an income tax deduction. You can get a deduction under section 80E of the Income Tax act in your taxes for higher education of self, spouse or children or as legal guardian. In this article, we will discuss deduction … Read more
Download New Business Codes for Income Tax Return Download Here
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
ITR-4 A.Y. 2022-23: The Resident Individual/HUF/Firm (other than LLP) having specified income as given below can submit income tax return through the ITR-4 form. In this article, we will discuss all the latest information about ITR-4 like filing, submission, excel utility, download links, PDF formats, FAQ and more. Download ITR-4 for A.Y.2022-23 Download ITR-4 A.Y. … Read more