A revised income tax return (ITR) is a document that is filed to correct errors or omissions in an original ITR. It can be filed by any taxpayer who has filed an ITR for a given assessment year and discovers that there is an error in the return. When Should You File a Revised ITR? There are a few reasons why you might need to file a revised ITR. These include: What … [Read more...] about What is revised ITR? When should you file one? What is the charge?
income tax return
When To Start With Income Tax Filing For The Current Financial Year?
Filing your income tax returns (IT) is a crucial financial responsibility that every taxpayer must undertake. The IT filing process involves submitting a statement of all your earnings and the taxes paid on them during a given financial year. This statement helps the government to determine the amount of tax that you owe or the refund that you may be entitled to. The IT … [Read more...] about When To Start With Income Tax Filing For The Current Financial Year?
You Could Get Rs. 5000 Penalty Even If You Have Filed IT Before Deadline | Details
Filing your income tax returns every year before the deadline is something very crucial. Filing your IT returns without fail has various benefits. Today's video about reminding you to do something very crucial even after filing your income tax returns. Even though you have filed your IT returns before the deadline, you could still be fined, and your IT filing could still … [Read more...] about You Could Get Rs. 5000 Penalty Even If You Have Filed IT Before Deadline | Details
Filing Income Tax After Deadline? Find Out Whether You Have To Pay Late Fees Or Not
The deadline for filing Income Tax for the current financial year is over. Those who have not filed their income tax returns by the deadline can still file IT after the deadline but with a penalty or late fees. However, not everyone need to pay a late fees (penalty) for filing income tax after the deadline. Find out what exceptions are there and whether you need to pay a … [Read more...] about Filing Income Tax After Deadline? Find Out Whether You Have To Pay Late Fees Or Not