ITR Filing 2023: If you don t have Form 16 with you, you can still file ITR by using salary slips as these slips contain the details of all deductions. aaa
An individual sold a flat and invested the taxable portion after indexation in REC bonds. LTCG must be reported in Schedule CG and any deduction claimed under Section 54EC in Part-D, serial no. 1 of Form ITR 2. TDS must also be reported in the tax payment schedule.
The app is designed to provide taxpayers with crucial details like advance tax paid installments, self-assessment tax, income-tax refund, Statement of Financial Transactions (SFT), and turnover as per Goods and Service Tax (GST) return, among other relevant data.
Advance tax is a mandatory requirement that enables the government to receive tax revenue on a quarterly basis. But who needs to pay it? And why? Read more here.