It is legal and quite obvious that the hubbub around filing an Income Tax Return after the due date is quite natural. Income Tax Returns are usually due by 31st July in India for non-audit cases and by 31st October in audit cases. It is observed that the provision of belated returns is the last…
Tag: itr filing online
ITR Filing Penalty: What Is It?
If you fail to file your income tax returns, you will be subject to penalties under various sections of the Income Tax Act. Following is a list of each type of late penalty for not filing your ITR applicable under different sections. Make sure to read the article to find out if any of these…
Where Can I Find Information About ITR3?
Those living in Hindu Undivided Families (HUFs) are required to file income tax returns using the ITR-3 form if they earn their income through a property business or a profession. It is, therefore, possible to file return 3 for income tax returns if you earn money from a personal business or a job such as…
Having Rental Income and Need to File Itr-1 Online?
It is a requirement for most salaried individuals in India to file ITR-1 forms, also known as SAHAJs. In this article, we will delve into everything you need to know about ITR-1 and how you can file it online. Does anyone have the right to file an Income Tax Return ITR-1 SAHAJ? Those who receive…