The last date to file the Income Tax Return (ITR) is July 31, 2024. Form 16 is a certificate given according to the Income Tax Act. It shows how much money someone earned from their job and how ...

Know how to file your Income Tax Return (ITR) without Form 16. This article covers essential steps, including gathering necessary documents like salary slips, bank statements, and investment ...

Individuals, Hindu Undivided Families (HUFs), and companies (other than Limited Liability Partnership firms), having total incomes up to Rs 50 lakh, can use the ITR-4 form. Form 16 is the proof ...

In this article, let’s check out 6 important documents that act as an alternative to Form 16. Also, we will see some simple steps through which you can file your ITR and remain compliant.

As per the Income Tax Act, 1961, it is mandatory to file an Income Tax Return (ITR) if your taxable income is more than the ...

Even without a Form 16, you can file your ITR online. To begin with, gather all your pay slips and download Form 26AS from the official Income Tax website. Use these documents to identify income from ...

Anyone earning Rs 2.5 lakh or more in India must file an ITR. This rule applies to everyone, not just high-income earners. Missing the deadline can get pricey. Late filers face penalties up to Rs ...

Picking the correct Income Tax Return form is key. Salaried folks making up to ₹50 lakh a year can use ITR-1. This includes ...

Out of the 7 ITR forms available ... and all you've got to do is verify the information through your Form-16 and Annual Information Statement (AIS). Over time, Tanya decides to start investing ...

Those who file after February 1, 2025, will face a higher payment of 110%. ITR-U or Updated Income Tax Return The form ITR-U, also known as Updated Income Tax Return, allows individuals to correct ...

Filing your Income Tax Return (ITR) is an important obligation for every taxpayer in India. However, if you miss this deadline, it’s crucial to understand the consequences, including potential ...