Why Indians Should File Income Tax Returns Online?

Why People are Waiting to ITR Process Completion? There are Several reasons Why the Deadline for ITR Filing is So Crucial in India. For Professional and Businessmen the ITR becomes very Important to save the Extra Money from their Pocket. The Necessary two points are mention below: ┬áMany Indians are waiting for the ITR process to end so that they can file their applications. Some people are also waiting for the ITR process to end in order to get a the extra returns or Savings on their account. How to Prepare for the End of the ITR Process? If you […]

A Step-By-Step Guide to E-filing Your Income Tax Return Online

Every year, income tax returns are a mandatory exercise for salaried employees, business owners, freelancers, and start-ups alike. Until recently, the process of filing an Income Tax Return was a tedious one. But with the introduction of the online option, things were much easier. It is now possible to file an ITR from your home or office without standing in long lines. With this useful income tax app, you can even file returns while you are on the go. We provide complete instructions on e-filing income tax returns here. Check your eligibility before you begin: What Are the Requirements for […]

How Do I Claim a Deduction Under Section 80C to 80U of Income Tax?

In some cases, taxpayers are not required to file an ITR. There are a number of variables that affect whether or not an ITR must be filed. These variables include the following: Individuals whose income exceeds the exemption limit of 2.5 lakhs/ 3 lakhs/ 5 lakhs as per applicable taxable limits. The ITR must be filed by individuals who own assets outside of India and receive income from them. Tax returns are required for individuals who pay more than Rs. 1 lakh in electricity bills each year. It is mandatory for assesses who deposit more than one crore in a […]