Foreign income and assets have various components, such as Foreign Bank Accounts, Foreign Equity and Debt interest, financial ...

which is covered under ITR-4. Can a salaried person fill ITR 3? Salaried individuals can file ITR-3 if they have income from business or profession in addition to the salary income. However, in case ...

When filing income tax returns, it is important to fill up and submit the correct form, such as ITR-1, ITR-2A, and ITR-2. This is based on what kind of income, exemptions from income, etc. Filing ...

Tax season can be stressful, especially when you miss the deadline for filing your Income Tax Return (ITR). The original ITR ...

If you are among those taxpayers who have not been able to file their income tax return (ITR) till now, then you still have a ...

This article delves into Schedule FA in ITR-2, its importance, foreign assets to be disclosed, how to fill it, and the applicable penalties for non-disclosure. Fill your Schedule FA in an error-free ...

People get opportunity to address discrepancies by filing revised or belated Income Tax returns for FY24 before December 31 ...

As a non-resident, your Oman income is tax-exempt in India, while consultancy income is taxable. File ITR 3 or ITR 4 based on ...

The total number of individuals reporting zero taxable income in their ITRs is 4.90 crore in Assessment Year 2023-24, up from ...

If you missed the deadline, you can still file a belated ITR, but under Section 234F of the Income Tax Act, a late fee of Rs ...