Thursday, November 21, 2024

ITR Filing: Good news for ITR filers, Income Tax Department started a big facility

Income Tax Return: There is important news for those who pay income tax. Now you are going to get some big benefits. If you also regularly fill your income tax return and for some reason have not been able to complete your filing, then now information is being given by the department in this regard. The department is sending information to such people that where their file is stuck and how much has been filled.

Income tax department is giving big facility 

Significantly, it is mandatory to fill ITR only for those who come under the purview of income tax. Under this, those whose annual income is more than Rs 2.5 lakh will have to file an income tax return. It is necessary to file ITR. Under the Income Tax Act, the exemption limit has been fixed at Rs 3 lakh for senior citizens and Rs 5 lakh for very senior citizens, that is, it becomes mandatory for you to pay tax if you have income above this. Even if your TDS is being deducted somewhere, you still have to pay income tax. It is also necessary to verify ITR after filing ITR.

Verify online

If you have not verified ITR, then there is no point in filing your return, i.e. your return will be treated as canceled. You can use Aadhaar OTP or EVC generated from a bank account, net banking, or a Demat account to verify ITR. Apart from this, you can also verify it using Digital Signature Certificate (DSC).

Read More: Home Loan Tax Benefit: Tax exemption is also available for buying more than one house by taking a home loan! Understand the rules of income tax from experts

🔥🔥 Join Our Group For All Information And Update, Also Follow me For Latest Information🔥🔥
🔥 YouTube                 Click Here
🔥 Facebook Page                 Click Here
🔥 Instagram                 Click Here
🔥 Telegram Channel                  Click Here
🔥 Google News                 Click Here
🔥 Twitter                 Click Here
spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Latest

Do this work if Income Tax Refund is getting delayed or stuck

This time, the deadline for submitting income tax forms was July 31. Over 7.28 crore individuals have filed tax returns before the deadline. 7.10...

MG to launch new CUV named Windsor, this much is the range

It's anticipated that MG's next CUV will come with a 50.6 kWh battery pack. It will also be released with an electric motor positioned...

Learn how to fill out an ITR if you are a consultant or freelancer

There are currently just two weeks left to file income tax returns. Those that submit ITR beyond the deadline will be fined. The number...

Avoid making these mistakes to get a refund after filing ITR

If you haven't already, file an ITR filing as soon as you can. Because July 31st is once again the deadline for ITR submission....

The Income Tax Department has issued this important information to taxpayers

You have 21 days if you are employed and have not yet submitted your income tax return (ITR). You will be subject to a...

Most Popular

Subscribe

* indicates required