Form 16 filing in Chennai

Filing your income taxes on time can actually help you save money. Find out how..

As per provisions of Income-tax Act,1961 every assessee shall file his return of Income on or before the due dates for filing the returns. The deadline for filing Income-tax returns for the Financial year 2020-21 (Assessment Year 2021-22) is as follows :- Type of the Assessee Due date for filing Assessees whose accounts are not […]

Filing your income taxes on time can actually help you save money. Find out how.. Read More »

File your Income-tax returns before due date if you have any losses…

The due date for filing your Income-tax returns is fast approaching. Many think that only if you have Income you need to file your Income-tax returns on time. But the fact is even if you are facing losses, it becomes important to file your returns on time, on or before the statutory due date. There

File your Income-tax returns before due date if you have any losses… Read More »

MYTHS & FACTS ABOUT INCOME TAX RETURN FILING

Income-tax return filing is a Statutory obligation to be carried out by the Income-tax assessees every year. There are many myths/misconceptions with regard to Income-tax return filing. This article lists top 10 myths & facts about the Income-tax return filing. [table id=2 /] Click here to send your queries / enquiry (or) Comment/Reply  below the

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Assessee with Income more than 5 Lakhs shall mandatorily e-file the IT Returns from A.Y.2013-14

The Income-tax Department has issued a new Notification No 34/2013 dtd 01/05/2013. As per this notification, 1) Every assessee whose Total Income is exceeding Rs. 5 Lakhs shall necessary e-file his/her return of Income from the A.Y.2013-14 onwards. 2) The reports under sections 44AB (Tax Audit), 92E (Transfer Pricing) & 115JB (Minimum Alternative Tax) shall

Assessee with Income more than 5 Lakhs shall mandatorily e-file the IT Returns from A.Y.2013-14 Read More »