ITR for non-salaried person For non-salaried individuals in India, the Income Tax Return (ITR) form to be filed depends on the nature and source of income. Here are the common ITR forms applicable to different types of non-salaried individuals: ITR-1 (Sahaj): This form is applicable if you have income from salary, one house property,… Read More »
ITR for capital gains If you have capital gain, you will generally need to file ITR-2. Income Tax Return-2 is applicable for individuals and Hindu Undivided Families (HUF) who have income from sources other than business or profession. These are typically categorized as “Income from Capital Gains” in ITR-2. However, it is important to… Read More »
Where to file ITR Where to file ITR, Income Tax Returns (ITR) in India can be filed electronically through the official website of the Income Tax Department of India, known as the e-Filing website. Here are the steps to file ITR in India: 1. Visit the e-Filing website: Go to the official e-Filing website… Read More »
Simple ways to file ITR offline Simple ways to file ITR offline, To file an Income Tax Return (ITR) offline, you can follow these steps: Obtain the required ITR form: Visit the official website of the Income Tax Department of your country (e.g., the Income Tax Department of India) and download the relevant ITR… Read More »
Eligible for ITR file In India, the following individuals and entities are generally eligible for filing an Income Tax Return (ITR): 1.Individuals with taxable income: Individuals who have earned taxable income during the financial year need to file an ITR. This includes salaried individuals, self-employed individuals, professionals, and freelancers. 2.Companies and firms: All companies and… Read More »
Income Tax Return To file an Income Tax Return (ITR), you can follow these steps: 1. Gather the Required Documents: Collect all the necessary documents, such as PAN card, Aadhaar card, bank statements, salary slips, Form 16 (if available), investment proofs, and other relevant financial documents. 2. Choose the Correct ITR Form: Select the… Read More »
ITR filing for home loan When filing an income tax return (ITR) in relation to a home loan, there are certain aspects to consider. Here’s a general overview: Interest Deduction: If you have taken a home loan for a self-occupied property, you may be eligible to claim a deduction on the interest paid on the… Read More »