15CA definition Form 15CA is a declaration form required by the Indian government for certain remittances made by residents of India to non-residents. It is used to ensure that appropriate taxes deduct and pay to the government before the funds are transferred abroad. 15CA definition When an Indian resident makes a remittance to a… Read More »
Who needs to file an ITR Individuals and entities that are liable to pay income tax in India are required to file an Income Tax Return. Let’s define Who needs to file an ITR Filing Income Tax Returns is necessary because it’s a legal requirement and it helps to declare income accurately, calculates tax liability,… Read More »
How to check ITR filing status How to check ITR filing status, To check the status of your Income Tax Return (ITR) filing, you can follow these steps: Visit the official website of the tax authority: Go to the official website of the tax authority in your country (e.g., the Income Tax Department of… 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 »
How to open ITR file To open an Income Tax Return (ITR) file, you can follow these steps How to open ITR file Save the ITR file: Ensure that you have the ITR file saved on your computer or device. The ITR file typically has an XML format and is generated when you complete the… Read More »
ITR with form 16 ITR with form 16, to file your Income Tax Return (ITR) using Form 16, which is a certificate issued by your employer summarizing your salary income and tax deductions, you can follow these steps: 1. Gather your documents: Collect all the necessary documents, including your Form 16 and other relevant… Read More »
Types of ITR filing Types of ITR filing, In India, there are several types of Income Tax Return (ITR) forms available for different categories of taxpayers. The selection of the appropriate ITR form depends on the nature of income, source of income, and the individual’s or entity’s status. As of my knowledge cutoff in… Read More »
How to check ITR filing status without login: To check the status of your income tax return (ITR) without logging in to the income tax department’s e-filing portal, you can follow these steps: Visit the official website of the Income Tax Department of India at https://www.incometaxindiaefiling.gov.in/. On the homepage, under the “Quick Links” section, click… Read More »
TDS Codes In the Indian context of Tax Deducted at Source (TDS), TDS code denote distinct identification codes assigned to various payment categories for the purpose of reporting. These codes are use while filing TDS returns to indicate the nature of the payment on which TDS has been deducted. The TDS code are specify by… Read More »
ITR 3 vs ITR 4 difference ITR 3 vs ITR 4 difference are two different income tax return forms in India, applicable to different types of taxpayers. Here are the key ITR 3 vs ITR 4 difference. Applicability: ITR-3: This form is specifically applicable to individuals and Hindu Undivided Families (HUFs) who generate income… Read More »