# free itr filing
12 posts in `free itr filing` tag
Upcoming GST Return Rectification Option
An official noted that enabling the revision of GST returns could streamline the filing process and contribute to a reduction in legal disputes.
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By Krishna
December 31 ITR Filing Process Penalties
Belated returns are filed under Section 139(4) of the Income-tax Act, 1961, while revised returns can be submitted under Section 139(5) of the Income Tax Act. The process for both is the same as filing an original ITR.
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By Krishna
Revised GST Returns From April 2025
To implement this, the GSTN (GST Network) plans to assign the task to the next technology vendor for the GST portal, as the current service provider, Infosys, has a contract that expires on September 30, 2024.
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By Krishna
Income Tax Return Update Specify Source of Cash
If you do not explicitly decline the option under section 115BAC (6) to opt out of the new tax regime in your ITR form, the new tax regime's rates and conditions will be applied.
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By Krishna
Three Changes ITR Forms 1 & 4
In a surprising and welcome move, the CBDT, acting as an early Santa Claus this year, introduced changes to the ITR Forms 1 and 4 for the Assessment Year 2024-25.
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By Krishna
Income Tax Department Announcement ITR Form FY 2023-24 AY-2024-25
These changes will come into effect from April 1st, 2024. The notification also highlights the importance of checking Form 26AS before filing income tax returns. For complete details, please refer to the notification.
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By Krishna
Income Tax Raids Polycab India Mumbai 50 Locations
Polycab India Limited, the largest manufacturer of wires and cables in the country, operates through 23 manufacturing facilities, over 15 offices, and more than 25 warehouses across India.
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By Krishna
Capital Gains Tax on Property: Types & Tips For Tax Savings
Capital gains tax on property refers to the tax levied on the profit you make when you sell a property that has increased in value. It's essentially a share of the profit the government takes for allowing you to benefit from the appreciation of your asset.
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By Krishna
Home Cash Limits Income Tax Rules Unveiled Breakdown
Following Income Tax raids that uncovered a staggering Rs 351 crore in cash at the premises of Congress MP Dhiraj Prasad Sahu, the politician has addressed the issue.
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By Krishna
GST Registered Taxpayers Double Six Years Sitharaman
On Tuesday, the Lok Sabha passed an amendment Bill, aligning the Central Goods and Services Tax (CGST) Act, 2017, with the Tribunal Reforms Act, 2021.
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By Krishna
Income Tax Refund Interest Guidelines Calculation
In some instances, a taxpayer might receive a refund surpassing their eligible amount. According to Section 234D of the Income Tax Act, the IT department can reclaim this surplus, accompanied by interest.
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By Krishna
EPF Claim Denials Common Causes Prevention Strategies
The Employees’ Provident Fund Organisation (EPFO), which oversees EPF contributions, enables subscribers to make partial withdrawals or 'advances' from their provident fund savings in specific situations.
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By Krishna