Easy Steps To Reset ITR eFiling Password

How to Reset eFiling Password Remembering passwords is not an easy task. With so many online services like Facebook, Quora, Linkedin, Net Banking etc & each one with a secured portal, hence it is very common for an individual to forget password easily. Heck! Even you must have gotten confused in passwords/logins of different social… Continue reading Easy Steps To Reset ITR eFiling Password

What is Nil Return & When to File Nil Return | Nil Return ITR

A friend of mine (Fred) recently quit his job & he was confused about filing his income tax return. And someone also suggested him to file a Nil Return due to which he got even more confused. As he knew that I worked as a tax consultant so he approached me for help. Fred: Hey… Continue reading What is Nil Return & When to File Nil Return | Nil Return ITR

7 Changes in ITR Form FY 2017-18 (AY 2018-19) | Extension in Due Date

Have you filed income tax return yet? If not, then it’s a must for you to know about changes in ITR form as a result of extension in due date. The extension in ITR filing due date by the CBDT has surely given a reason to rejoice for all the taxpayers. But this extension have… Continue reading 7 Changes in ITR Form FY 2017-18 (AY 2018-19) | Extension in Due Date

Special Cases When it is Mandatory to File ITR

We all know that IT return filing is mandatory in certain cases and shall be filed before due dates. Generally, what people know of being a must income tax return filing situation is having income above taxable limits of ₹ 2,50,000/ ₹ 3,o0,000 / ₹ 5,00,000.  These limits are without giving effect to Chapter VI-A… Continue reading Special Cases When it is Mandatory to File ITR

Reporting Intraday Gain & Loss in Income Tax Return

Many people face confusion between intraday gain & loss v/s capital gain. They tend to understand both as one & this leads to trouble in the form of penalties, notices from the incometax department. This blog will help you understand the concept of intraday gain & loss, its tax-ability, applicable IT return form & much… Continue reading Reporting Intraday Gain & Loss in Income Tax Return

5 Common Tax Breaks You Don’t Want To Miss | ITR FY 2017-18

Are you filing income tax return for FY 2017-18? Then you surely are in a rush because the deadline is already on head i.e. 31st July, 2018. But as the wise one’s said, “Relax! Take a break & recharge yourself”. That’s why we are here, to recharge & introduce you with some common income tax… Continue reading 5 Common Tax Breaks You Don’t Want To Miss | ITR FY 2017-18

Digital Signature for ITR Efiling

If someone who owes you money, give a cheque without his/her signature, will you take it? It’ll be a direct No! A cheque’s worth, without the owner’s signature, is nothing. Similarly, have you ever thought, we send/ receive many documents online through emails etc. So what’s the surety that person on the other end is… Continue reading Digital Signature for ITR Efiling