ITR

Which ITR Form should you file ?

Return Form with┬áBrief Description ITR – 1 For Individuals having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh ITR – 2 For Individuals and HUFs not carrying out business or profession under any proprietorship ITR – 3 For individuals and HUFs having income from a proprietary Read more about Which ITR Form should you file ?[…]

ITR

Filing income tax return simplified further : e-filing to start from April

A crisp income tax form for salaried individuals will be introduced from April 1, doing away with some columns to simplify the filing of returns. Individuals with salary and interest income will have to fill fewer columns as some of these for claiming income deductions have been clubbed in ITR1 form called ‘Sahaj’. In the Read more about Filing income tax return simplified further : e-filing to start from April[…]