Income Tax Return Archives

Income Tax Return filing for A.Y 2020-21: ITR-1, ITR-4 remains ‘Sahaj, Sugam’ for these taxpayers!

By eFiling India TeamPosted on January 11, 2020Posted in Income TaxTagged Income Tax, Income Tax Return, MoneyNo Comments

The Finance Ministry just notified the Income-tax Return (ITR) Forms ITR-1 (Sahaj) and ITR-4 (Sugam) for the A.Y 2020-21 to ensure that the e-filing facility for filing of return for assessment year (A.Y) 2020-21 is open as on April 1, 2020. ITR-1, ITR-4 for AY 2020-21: Persons who jointly own a single house property can […]

10 benefits of filing Income Tax Return even if you are below taxable range

By eFiling India TeamPosted on April 12, 2018Posted in Income TaxTagged Benefits of filing ITR, Income Tax Return, ITRNo Comments

If you don’t file ITR, the belated return could lead to extra interest at 1% per month for the remaining tax payable by you. Most millennials think that if their salaries fall below the taxable bracket they shouldn’t be filing ITR (Income Tax Returns). However, that is not true. One wants to file income tax […]

Didn’t file your personal ITR for A.Y. 2016-17 & 2017-18, here is the last chance ?

By eFiling India TeamPosted on March 20, 2018Posted in Income TaxTagged Income Tax Return, Income Tax Return A.Y. 2016-17, Income Tax Return A.Y. 2017-18, Income Tax Return F.Y. 2016-17, Income Tax Return F.Y. 2017-18, Income Tax Return Last Date, Income Tax Return Last Date 31st March 2018No Comments

Hope this post finds you well. Here is a quick reminder regarding deadline approaching for filing ITR for FY 2015-16 & 2016-17 in case you haven’t filed one yet. Income Tax Returns should be filed every year It is mandatory to file a return if you have earned any taxable income Stay away from penalties […]