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Income Tax e-Filing, Latest News

Form ITR- 4 also popularly known as Sugam applies to i.e. can be filed by these people under the income tax provisions, namely, Individuals, HUFs and Firms (other than LLP), who are residents of the country and having total income up to Rs.50 Lakh in the previous year and They are deriving such income from business and profession, computed by sections 44AD, 44ADA or 44AE on the presumptive basis. Non Applicability of Form ITR 4 We have already understood the cases in which Form ITR 4 can be filed. But,SEE DETAILS

Income Tax e-Filing, Latest News

The time of the year is back when the people under the purview of income tax have to calculate their earnings of the previous year and ascertain the amount of tax that they are required to pay. Every year, for this purpose Income Tax department, launches its utilities form for the ease of the user to calculate their tax liability and submitting the return thereof. ITR-1 SAHAJ ITR-1 Form a.k.a Sahaj, as the name suggests, is one of the easiest income tax return form. The excel utility of this formSEE DETAILS