Income Tax Return (ITR) filing 2024: All you need to know about Form 16, its issue date and why is it crucial?

Income Tax Return (ITR) filing 2024: All you need to know about Form 16, its issue date and why is it crucial?

Form 16 is a crucial document that is essential when one is filing the income tax return (ITR) of a particular financial year. The document is essential for individuals earning a salary as it gives the whole breakup of Tax Deducted at Source (TDS), providing a comprehensive overview of an employee’s earnings, including salary, allowances, … Read more

ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here

ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here

The income tax return forms, ITR-1, ITR-2 and ITR-4, for FY 2023-24 (AY 2024-25) are now available for e-filing on the Income Tax department portal. The online ITR forms were made available from April 1, 2024. Taxpayers eligible to file their tax returns can now login and fill their ITRs for FY 2023-24 using these … Read more