July 31, 2017 is the last date for filing income tax returns for FY 2016-17. It’s important to know what has changed in ITR compared to last year. The biggest change is the number of ITR forms have reduced from 9 to 7. Other than that all the tax returns have to filed electronically except for […]
While filing your income tax return (ITR), the most confusing part for anyone is to decide which ITR forms to fill. There are 6 ITR forms (ITR 1, ITR 2A, ITR 2, ITR 3, ITR 4S, ITR4) for individuals to choose from. How do you decide which one to fill? The post gives you the details
Which ITR form to file Tax Returns for AY 2015-16? Read More »
The new Income Tax Return (ITR) Forms ITR–1, ITR-2, ITR-4S have been notified for AY 2015-16. We have highlighted the changes in these forms from last year. Common Changes: Following are the changes in ITR Rules: You cannot fill ITR-1 (Sahaj) and ITR-4S (Sugam) if you have any income from sources outside India EVC verification
Filing of Income tax return could be complicated especially for those who are doing it for the first time. Thankfully over the years the forms used for Income tax returns (ITR Forms) have become simpler but still the question which ITR form to choose keeps baffling people. In this post I help you choose the
Which ITR form to Choose for Filing Income Tax Return? Read More »
