HOW TO FILE INCOME TAX RETURN IN INDIA ,ITR FILLING INDIA

 HOW TO FILE INCOME TAX RETURN (ITR) INDIVIDUAL(INDIA)

INTRODUCTION: Income Tax Return Is Filed By Tax Payers. ITR Is details of income earned by the taxpayer During the Financial Year. And The Tax Is Calculated and Paid On the Detail Furnish By the Tax Payers in the Income Tax Return Form.

There Are Different Forms for Different Tax Payers Select as Per Your Need

Form No.: ITR-1 SAHAJ 

(For individuals being a resident (other than not ordinarily resident) having total income up to Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest, etc.), and agricultural income up to Rs.5 thousand)

Form No.: ITR-2

(For Individuals and HUFs not having income from profits and gains of business or profession)

 Form No.: ITR-3

(For individuals and HUFs having income from profits and gains of business or profession)

 

Form No.: ITR-4 Sugam

(For Individuals, HUFs, and Firms (other than LLP) being a resident having total income up to Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE)

 

These Form Are Used By Individual Taxpayer To PAY Their Taxes and to Claim Refund of Their Excess Tax Submitted in Form of TDS

 

STEPS TO FILE INCOME TAX RETURN

 

Now Everyone File Their Return through E-Portal

Link: https://www.incometax.gov.in/iec/foportal

 

STEP 1: Log in to Your Account 

User ID: Pan of Individual

Password: Created By You

If You Don’t Have Registered On E-service then Firstly Register Yourself.

 

STEP 2:

Select Appropriate Form As Per Your Requirement

STEP 3:

Fill The Form

Income in their Respective Head And deductions

STEP 4: 

Validate The Form 

STEP 5:

Submit And E Verify 

Comments

Post a Comment

Popular posts from this blog

INTRODUCTION

  "AS & Associates(PROP. AJAY KUMAR SINGH ) is a TAX (Income Tax and GST) & Accounting service Provider .  Provides You best class service at very affordable rate .  Services Provided -  A) GST Return Filling  B) Income Tax Return Filling  C) Book Keeping Service (Tally ERP -9 Prime)  D) Balance Sheet and Profit &loss A/c.  E)TDS Return Filling .  F) Other Documents for Banks  G) Estimated & Projected Balance Sheet & Profit Loss A/c" CONTACT US ON:-9554134444                                 9506990999 ADD: SEC-8, TARAPUR COLONY JANUNPUR (U.P) THANK YOU
Read more

HOW TO FILE LATE RETURN U/S 139(8A)

  HOW TO FILE LATE RETURN U/S 139(8A) I n this article we will learn about new sec.139 (8A) added in income tax for filling return after due date (Updated Return). Content About Sec 139(8A) Eligibility to File Return Can I File Late Return if fails to do so Method to File return Under Sec 139 (8A)   ABOUT SEC 139(8A) This Sec. Is announced during annual budget session of 2022. This section effects from 1.4.2022. This section is added to provide option to file late return and update return after due date (limit for late return is 24 month) mean you can file late return for two previous years.   Eligibility to File Return You can file return under this section for two immediate previous year. You can file return if not filed original return. You can file updated return also. You can not claim refund in Any Case. if you are filling revised or updated return then you can only increase your liability.   Can I File Late Return if fails to do so Yes the main purpose for int...
Read more