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Income Tax Return: How to file ITR as salaried individual — A step-by-step guide

Income Tax Return: Filing income tax returns (ITR) is a crucial financial task every year. It is not just a legal obligation but also an important part of handling your finances. For salaried ...
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ITR Filing 2024-25 Last Date: When is the last date to file income tax return, here is the answer..

ITR Filing 2024-25 Last Date: A last date is approaching for filing Income Tax Return (ITR) for this financial year 2024-25. This is very important for taxpayers to keep in mind. This time, the ...
Tax Guru

Section 139(8A) Updated Return (ITR-U): Law as Amended and Practical Implications

Section 139(8A) now permits filing of ITR-U within 48 months from the end of the assessment year. However, it cannot be used to reduce tax liability, claim refunds, or bypass departmental ...
Tax Guru

“ITR Looks Simple… Until Scrutiny Begins” – A Note for Private Company Directors

Tax authorities initiated scrutiny and proposed addition solely because share acquisition details were not properly disclosed in the ITR. The case reinforces that for directors, the ITR functions as a ...