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Verification in ITR – I further declare that I am making returns in my capacity as ….

ITR Verification - Capacity as After you fill up your income tax return forms, the last section asks for Verification. The statement reads as: I, (full name in block letters),                                      son/ daughter of                              solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules thereto is correct and complete and […] Continue reading →

Since the amount disclosed in income chargeable under the head salaries is less than 90% of Salary reported in TDS 1, please ensure to fill details in Others in Exempt Income

Error while filing ITR - amount disclosed in income chargeable under the head salaries Since the amount disclosed in income chargeable under the head salaries is less than 90% of Salary reported in TDS 1, please ensure to fill details in Others in Exempt Income – an error that many of salaried tax payers are facing while filing their income tax returns. In this post we tell you why […] Continue reading →