E-Filing of Income Tax Returns is the process of electronically submitting the details of your income and investments to the Income Tax Department (ITD). These details need to be uploaded in a prescribed format which is recognized by the ITD, hence your Tax Return needs to be accurately prepared and successfully uploaded. E-filing of Income […]
Many of us are so occupied in our day to day activities and hardly get time to deal with our accounts. We likewise think that it hard to submit our income tax returns before the due date. To meet the due date of filing our income tax returns, the vast majority of us contact to […]
Taxes play a very important role in the economy. They are the legal obligation on the people and businesses to be paid under the act of income tax law. There can be different motives behind the rate of tax. The objectives set by the government are usually aimed to cater the economic and social goals […]
What are the consequences of non- filling of Income Tax Return?: Filling of income tax return is mandatory on one hand and voluntary on the other hand. The government of India has introduced several types of forms to make the process of filling return simpler. The most vital feature of filing tax returns in India is […]