Tag Archives: #FileOnTime

What is ITR filing last date?

  ITR Filing Last Date   What is the Last Date for Filing ITR? Filing your Income Tax Return (ITR) on time is crucial for avoiding penalties and ensuring compliance with tax regulations. Understanding the last date for ITR filing helps you manage your finances and avoid last-minute stress. Here’s a quick guide to the… Read More »

When ITR filing starts?

When ITR filing starts The filing of Income Tax Returns  in India typically starts on 1st April of the assessment year. The assessment year is the year immediately following the financial year for which the ITR is being filed. For example, if you are filing an ITR for the financial year 2022-2023, the assessment year… Read More »

When should we file ITR (Income Tax Returns)?

When Should We File Income Tax Returns (ITR)? Filing Income Tax Returns (ITR) is an essential responsibility for individuals and businesses to ensure compliance with tax laws and avoid penalties. Understanding the right time to file your ITR can help you manage your finances better and make the process smoother. Here’s a brief guide on… Read More »

What are the benefits of filing Income Tax Return?

The benefits of filing Income Tax Return The benefits of filing Income Tax Return provides several benefits, including: Avoiding Penalties: Timely filing of ITR helps you avoid penalties and interest on unpaid taxes. Carry forward of losses: If you have incurred losses from business, profession, or capital gains, filing ITR allows you to carry forward… Read More »