Individual can file ITR-1 either by downloading excel utility from e-filing website or by 'Prepare and Submit Online' without downloading any software.
The income tax department has tweaked the process of claiming the tax refund from this year.
Here is a look at the tax proposals announced in both the budgets and their tax impact on your pocket.
Confused about what figures to check in the revised Form 16? Here's all that you need to know.
Currently, if PAN is not linked with Aadhaar, then PAN would be deemed to become invalid by September 30, 2019.
Currently, these charges were excluded while calculating the amount of tax to be deducted at the time of making payment for the property.
Currently, a surcharge is levied on the taxable income between Rs 50 lakh and 1 crore and those having taxable income above Rs 1 crore
FM announced that pre-filled ITR forms will be made available to the taxpayers, making the process easier.
Budget 2019 proposes to make PAN, Aadhaar interchangeable; soon you can file ITR using either of these
In addition to that, those who do not have PAN can simply quote their Aadhaar number wherever PAN is mandatory to quote.
As per the current Aadhaar laws, every resident shall be entitled to obtain an aadhaar number by submitting his demographic information and biometric information by undergoing the process of enrolment.
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