The ITR 4 form is for the taxpayers who have opted for the presumptive income scheme. The income tax return form can only be filed when the business is having an annual turnover of less than Rs. 2 crores .…
The last date for income tax return filing for the assessment year 2019-20 is July 31, 2019. The Income Tax Department then processes the refund. The income tax filer can either check the income tax return status or refund on…
There are many taxpayers in India who are in the habit of paying their income tax returns late. There is a penalty levied on the individuals who file their income tax returns late by the Income Tax Department of India.…
ITR V or Income Tax Return Verification is an acknowledgment that must be submitted to the Income Tax department after e-filing income tax. In this blog, we shall discuss what ITR V is, how to download it, and submit it…
Central Board of Direct Taxes (CBDT) of the Income Tax Department has released new figures related to important income tax and direct taxes for the last four years, on Tuesday. CBDT said that the number of income and direct taxpayers…
