ITR tagged posts

DUE DATE OF Income Tax Return Filing 2013 -14 EXTENDED TO 05/08/2013

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DUE DATE OF ITR FILING 2013-14 EXTENDED TO 05/08/2013
A fresh breath has been pumped in to the heart of Tax payers who were facing difficulty in filing their return online or have not yet filed their returns, as the government on Wednesday extended the last date for ITR filing for 2013 of income tax returns by five days to August 5, 2013

The due date, which was today i.e. July 31st, 2013, has been extended in wake of “unprecedented surge” in number of IT return...

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E-Filing Income Tax Return ITR

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New ITR Form 2102-2013

Process Of e-filing Income Tax Return ITR

What Is e-Filing?

The process of electronically filing Income Tax Returns/Forms through the Internet is known as e-filing.

E-Filing Returns and Forms mandatory for:

  • Individual/HUF, having total Income of Rupees 10 Lakhs and above for AY 2012-2013 and subsequent assessment years.
  • Individual/HUF being resident, having asset, located outside India for AY 2012-2013 and subsequent assessment years.
  • Individual/HUF /Firm auditable u/s 44B of the IT Act, 1961...
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How to Select Income Tax Return ITR

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Income Tax Return ITR

Income tax return ITR has undergone changes from being only 1 form named ‘Saral’ to 8 ITR forms. It has become easy for professional but confusing for general users. Lot of tutorials and information material is available online explaining the types of forms but most of them explain it superficially leaving a chance of mistake in selecting correct ITR forms applicable to individuals and other entities.

Most issues arise with individuals who are having salary income as well as by those who are...

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