Filing your Income Tax Return (ITR) is a crucial step that not only fulfils a legal requirement but also facilitates smooth financial transactions, such as availing loans, credit cards, and visas.
The Income Tax Department has launched an offline utility for filing ITR-1 (Sahaj) and ITR-4 (Sugam) in an Excel format for AY 2025-26 (FY 2024-25). The utility allows employees, pensioners, ...
Taxpayers face mandatory tax payment when correcting 80G PAN errors under Section 139(8A). Experts suggest allowing corrections without tax if no liability exists to simplify ITR-U ...
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