Tag: ITR

Type of ITR form one should use for filing income tax returns for AY 2014-15

The below table contains income tax return form to be filled for a particular nature of income.  List of forms to be used by different persons for filing of return of income… Read more »

Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14

Income tax department has published the latest Online e-File Income Tax Return Procedure for Assessment Year 2013-14.  In this new procedure, tax payee can free download ITR-I to ITR-4S (Excel Base) to upload online XML…. Read more »

Impact of late filing of Income Tax Return and issue related to due date

1. Interest u/s 234A: If there is tax due after deducting advance tax, TDS and self assessment tax then interest will be applicable @1% per month and part thereof up… Read more »

Process of using Pre-filled XML data in offline excel utility

This year Income Tax e filing portal has provided a new facilities of “Pre-filled XML data in offline Excel utility”on their website. The process of using the Pre-filled XML data… Read more »