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File ITR before 31st July 2022 to avoid late fees of 1000/5000

Kindly Attention: ITR Due Date may not be extended, File ITR before 31st July 2022 to avoid late fees of INR 1000/5000. For better understanding we have taken two character and through their conversation we will discuss the same. Two characters are Ram and Shyam. Shyam (Fictional Character): Ram, What is the buzz going around regarding Income tax return? Ram (Fictional Character): Shyam, The Due Dates for all Individuals, HUF’s… Read More »File ITR before 31st July 2022 to avoid late fees of 1000/5000

Mistakes One Should Avoid While Filing Income Tax Return (ITR)

With the increased reliability electronic or e- mode of ITR filling a large number of individuals choose to file their return on their own. While filing of Income Tax Return has several advantages but making minor mistakes may sometimes attract huge penalties so one should be cautious while filing his/her own ITR. We will discuss some of the mistakes which one should avoid while filing his/her ITR. 1. Choose the… Read More »Mistakes One Should Avoid While Filing Income Tax Return (ITR)

Benefit Of Filing The Income Tax Return

An Income Tax Return is a tax filling form, where a taxpayer reveals the details of his/her income, claims applicable deductions and exemptions and taxes that are payable on the taxable income. As a responsible citizen of India, everyone who has an income should file an ITR, because in this way we are declaring all sources of income whether taxable or non-taxable. The Income Tax Department make it essential everyone… Read More »Benefit Of Filing The Income Tax Return