Income Tax Filing: Read all about ITR Filing? Complete Guide on How to file Income Tax Returns online for FY 2023-24 (AY 2024-25) by Moneycontrol. Step by Step Guide on Income tax returns filing process, date, ITR filing deadline, Income tax filing deadline extension, news, and latest updates
As the last date to file your income tax return (ITR) looms closer, one should note that filing your Income Tax Return (ITR) using the wrong form can lead to various consequences. The Income Tax Department may reject your return, requiring you to refile with the correct form.
ITR forms 2022-23: In February, the Central Board of Direct Taxes (CBDT) released the ITR forms for this fiscal. Taxpayers can file ITR as soon as this financial year ends.
ITR filing: Taxpayers have to enter information related to their salary and deduction. The tax calculator will then reveal the tax savings under both regimes.