Over 4 crore ITRs filed for FY23 so far, 7% new filers this time: CBDT chief – Times of India

[ad_1] NEW DELHI: More than four crore income tax returns (ITRs) for the 2022-23 financial year have been filed so far and about 7 per cent of these are new or first-time filers, CBDT chairperson Nitin Gupta said on Monday. He said that more than half of these ITRs have been processed leading to 80 … Read more

Why Housewives With Zero Income Should File ITR – News18

[ad_1] In case of taxable investments made in the housewife’s name, ITR must be filed. A housewife with zero income should file income tax returns as it helps in getting bank loans and the ITR documents also play a crucial role in getting a visa. When your income exceeds a specific threshold, you must pay … Read more

Attention Taxpayers! Don’t Forget To Mention This Income Source While Filing ITR As Failure Will Attract Penalty Of Rs 10 Lakh

[ad_1] New Delhi: The income tax deadline for the fiscal year 2023-24 is July 31st. Those who fail to file their income tax returns before the deadline will be charged a penalty. Even if you file your ITR on time and e-verify it within 30 days, you might face a penalty if you fail to disclose … Read more

Filing ITR? Know Which Form Should You Use To File Your Income Tax Return

[ad_1] Last Updated: March 29, 2023, 08:34 IST Know which form you need to use to file your ITR In order to make filing returns easier, the Income Tax Department has put out several different forms that an individual taxpayer can use While filing their income tax returns (ITR), the question that first comes into … Read more