Tag: how to file income tax return
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Over 24 lakh taxpayer to get Income Tax refund
(Namita Pradhan, Intern Journalist) Over 24 lakh taxpayers may have got or will get their refunds soon as the Department of Income Tax has issued a refund of Rs 88,652 crore so far this fiscal. It includes personal income tax refunds for over 23 lakh taxpayers and the corporate taxpayers of over 1.58 lakh refunds…
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New forms issued for filing the income tax return
(Juhi Aishwary, Intern Journalist): New forms have been issued to fill the Income Tax Return (ITR) for the financial year 2019-20 and assessment year 2020-21. If the salaries of up to Rs 50 lakhs per annum are kept in a house, then they have to fill the ITR-1 Sahaj form to file the return. The last date…