Now that the tax-saving exercise is done, we have to move on to tax filing. It is a daunting task for most of us as even the slightest mistake or mismatch could land us in trouble with the Income Tax Department. This year to make matters worse, there is a penalty for missing the income tax return (ITR) filing deadline, i.e., July 31.
A lot of people take the help of professionals like chartered accountants to file their returns and some do it on their own. If you are someone who files your ITR on your own and need a little handholding to sail through the process, look no further. Here you will find a spectrum of articles you can use to file your ITR with ease. Bookmark this page as we will be updating this page regularly with all the stories you need to file your income tax return.
These include rules to follow while filing your returns, what figures to check in your Form 16, how to use Form 26AS, how to file your returns without Form 16, how to e-file your returns, how to calculate capital gains, how to rectify mistakes, and many more. For later filers, you will also find articles on how to file ITR after the due date, what happens if you miss the deadline, and how to file a belated return.
10 documents you need to file your income tax return This year, the income tax department has asked taxpayers using ITR1 to file their return to provide a break-up of their gross salary income and income earned from one house property during the FY 2017-18. Here are the 10 documents you must keep in handy while filing your ITR for FY 2017-18. Click here to read the full story.
Which ITR form applies to you for financial year 2017-18? Choosing the right form is important as a wrong form will make your return defective. Various factors like the type of income, quantum of income, residential status of the tax payer etc. need to be considered to select the right form. Click here to read the full story.
How to fill the new details required in ITR-1 The income tax department has uploaded the new income tax return (ITR) Form1 or Sahaj for the financial year 2017-18 on its e-filing website. This is the form that is used by most of the salaried class to file their ITRs. While Form16 provides you all the details regarding your salary income, here's how you must fill the required details to file your return correctly. Click here to read the full story.
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