Filing your Income Tax Return (ITR) is an annual obligation for every eligible Indian taxpayer. It not only ensures compliance with the law but also facilitates access to various financial services ...
Which ITR Form Should You File? Understand the Rules for ITR-1, ITR-2, ITR-3, and ITR-4 Based on Your Income Type Filing Income Tax Returns (ITR) is a legal responsibility for every taxpayer in India, ...
The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...
Filing taxes can be a complicated process, especially for entities that fall outside the common categories of individual taxpayers. One such form that caters to these unique entities is the ITR-5 form ...
Tax authorities initiated scrutiny and proposed addition solely because share acquisition details were not properly disclosed in the ITR. The case reinforces that for directors, the ITR functions as a ...
Missed filing an ITR for HUF income? Today’s Ask Wallet Wise explains why a member has no recourse once the deadline to file a revised ITR has expired. The Ask Wallet-Wise initiative offers expert ...