there are a very large no of income tax payers who prepare their returns all by themselves .The amount of tax is small or it may be even nil in some cases.If it is sent by registered post, the acknowledgement form is not received back.
If it is submitted electronically, there is the question of digital signature,( to subscribe to a digital signature is a costly proposition). In these days of electronics how it can be done in a proper way ?
The answer is to be on the Indian context
What all are the effect of not paying the income tax amount timely ,but filing of return is correct in the case of Firms.How authorities will take action ,whether they will charge or interest but how also in what manner.
My understanding is that on line return is only for assessee with tax liability so that they can pay tax online.
i haven’t filed income tax return for the financial year 2009-10(AY 2010-11) yet…..till when can it be filed? do i have to pay any penalty now?
I have lost my income tax return document for the year 2009/2010. However, I need it now as I must submit a copy of the same for availing a bank loan. What can I do?
I am filing the service tax return for the period of Oct 2011- Mar 2012, what will be the financial yr that I need to select when e-filing my ST3 form?
Sir, I am having Interest on housing loan. My Salary is less than 5L and dont have any other income. Do i need to file income Tax return(ITR – I) . Please advice
Although my Income or Salary is not taxable but still I want to file Income Tax return so that in near future I want to buy a house and for this IT-Return for last 3 years is a compulsion.My question are as follows
1.Can IT-Return be filed Online for Non-taxable Income.
2. What are other process to file tax or show return as a responsible citizen of country
what is the best way to invest money to tax benefit and good return. i will keep plan of investement for next 3 years. is there any best way to do….?
Annual inome of myself and my wife is below One Lakh. If we obtain PAN, is it mandatory for us to file Income Tax Returns ? Pl let me know.