There is a clamour for filing income tax returns (ITRs) well before the due date. After submitting their ITR forms, individuals receive an acknowledgement from the Income Tax Department. This ...

ITR filing: Income tax return (ITR) filing has many steps to be completed before you can say that the procedure is fully done. In the modern era of electronic tax filing, it is imperative to grasp the ...

Income Tax Return – Verification (ITR-V) is a single page document that has a comprehensive summary of your tax return and is required to be submitted at the time of e-filing of your Income Tax Return ...

Most of us file our income-tax (I-T) returns online™ before the July 31 deadline. Electronic filing (e-filing) is convenient and you can even pay your taxes online. However, filing your returns online ...

ITR refund status: The due date for income tax return (ITR) filing for AY 2022-23 is gone and those who filed their ITR for FY 2021-22 have either got their ITR refund or they are waiting for it.

Instead of ITR-V, the Income Tax Return Acknowledgement may only be used henceforth as a proof of filing the return of income. For professionals and others, who don’t get regular salary, Income Tax ...

Filing income tax returns is no longer the hassle it used to be. Gone are the long queues and endless anxiety of making the tax-filing deadline With online filing, also called e-filing, it is ...

Rahul has recently started his business. For the last few days, he has heard about filing the tax returns. Rahul is a bit clueless about why returns are filed. He is not well versed with the process ...

The ITR Form 5 is meant for taxpaying entities such as firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), Artificial Judicial Person and Body of Individuals (BOIs). It is not ...

The Central Board of Direct Taxes (CBDT) has issued a notification making changes in the ITR-V and acknowledgement forms. Form ITR-V stands for 'Income Tax Return-Verification' Form. The verification ...