Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Income tax is the only tax element that involves every earning individual and government collect a huge amount of revenue through this process. Firms and business entities working in India or registered in India are also liable to pay taxes. From last few years, IT department has introduced digital tax filing facility so that people can file income tax online. Income Tax Return E-filing is free through using government’s website. Nowadays, there is quite a few intermediaries can be found who offer tax E-filing facility in change of fees and work as a third party organisation. It is the type of tax imposed on individual’s annual income by the Indian Government. Return of Income Individuals or businesses pay a return a part of income as a tax every year which is defined as the return of income. ITR Filing Due Date 2016-17 Prepare Early for next ITR filing Easy ITR e-filing with All India ITR E-file your ITR in few simple steps Expert Assistance over Chat and EmailStart e-filing Q.
Q. Q. Q. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. Every Taxpayer who has tax liability must pay taxes and file income tax return for the same. In order to file tax return it is mandatory for the taxpayer to register on the Income Tax Department’s official e- filing portal. With the steps mentioned-below, you can easily register yourself on the IT Department’s official portal: - Step: 1 Visit the Income Tax Department’s official e-filing portal, on the homepage click on the option that says“Register Yourself”. Step: 2 Select the User Type, once you click on the Register Yourself button, you will be redirected to a form that will ask you to select your use type. Step: 3 Enter your basic details Step: 4 Fill the registration Form, following details are mandatory: - Password detailsContact detailsCurrent addressSecret Question After correctly entering all the details, click on the submit button.
The OTP will expire after 24 hours from the actual time of receipt. Generate Rent Receipt and avail HRA Benefit. Get Proof of Your Accommodation expenses As per Income Tax Act 1961, a salaried employee must submit a rent receipt as investment proof to HR/Payroll, if he/she is paying rent, as this aids them in tax saving or you can say it reduces an individual’s gross taxable income.
If you live in a rented accommodation and you wish to generate Rent Receipt, then you will have to calculate House Rent Allowance and here’s how you can do it For calculating House Rent Allowance, you can use following steps: - Actual HRA received from the employer.Your actual rent paid, and you have to reduce 10% of your total salary from it.If you are staying in a metro city, then you have to pay 50% of your basic salary and for non-metro city 40% of your basic salary. If an individual wants to claim HRA, then he/she must submit rent receipt along with the agreement proof of lease and the landlord’s PAN card details. House Rent Allowance - HRA Exemption Calculator. Frequently Asked Questions Q. How is my HRA decided by my employer? The House Rent Allowance, which is supposed to be paid to the employee depends on the basic salary of the employee. Other factors, that decide the House Rent Allowance amount are as follows: The type of city in which, employee is staying.In case of a metro city, 50% of basic salary is entitled to the employee for HRA In case of a non-metro city, 40% of basic salary is entitled to the employee for HRA.Whenever we are talking about House Rent Allowance, we must take in to consideration the sum of basic salary, Dearness Allowances and other commissions.
Q. You will not require any documentary proof if your House Rent Allowance claim is up to Rs. 3000 per month. The Rent Receipts:A completely filled rent receipt with all the required details, which include residence address, landlord’s name, the rent amount, signature of the landlord which is used as a verification of the rent accepted by him/her.
Q. How to Check Income Tax Refund Status. Q. How to re-apply for a refund if my refund status displays as “Refund Returned”? Access the income tax website and log in to your user account. There, go to “refund re-issue request” under My Account and select a mode for receiving the refund, providing your account number and address details. Q. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. How to e-verify your returns if you already have an EVC If you click the link “I already have an EVC to e-verify their return”, the below screen will be displayed. Enter you EVC in the provided box and click submit to e-verify.
A screen with the message “Return successfully e-verified, Download Acknowledgement” will appear. Relax! Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Online Income Tax Return E-filing solution. Here is how you can file your ITR easily. Here is how you can file your ITR easily. What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. What are the dates to remember while filing tax in India. Income Tax Login and Registration.
Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. E-Filing Income Tax Return Online, File ITR online, ITR Filing. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. 31st March 2019, Last Date to file ITR. 31st March is around the corner and all the taxpayers must know that this date is quite important, as it is the last date to file Income Tax Return for the Assessment Year or A.Y. 2018-19 with penalty.
Any taxpayer, who did not file the Income Tax Return yet are required to file the ITR on or before 31st March 2019 with penalty, as they will not be able to file ITR post this date. The due date to file ITR for Financial Year 2017-18 or Assessment Year 2018-19 was 31st July 2018, which was later extended to 31st August 2018. The taxpayers who did not file their Income Tax Return on or before the due date were eligible to file it later with some penalty. Those who filed ITR after 31st August 2018, but before 31st December 2018 filed it with a penalty of Rs. 5000. Those who filed ITR after 31st December, had to pay a penalty of Rs. 10,000. How to check Income Tax Refund Status online? After the taxpayer has completed his ITR Filing and has successfully verified the same, the next thing they are required to do is constantly keep a tab on their Income Tax Refund Status, if they are eligible for any.
Now, you must be thinking, how you check Income Tax Refund Status? Well, you can check refund status online, by following the simple steps mentioned-below Steps to Check Income Tax Refund Status Online Ø Visit the Income Tax Department’s official e-filing website, go to ‘Dashboard’ after logging in, and click on the ‘View Returns and Forms’ option. Then select the option that says, ‘Income Tax Returns’ from the dropdown menu to go to the ‘Income Tax Returns’ page, where you may see if the ITR is processed or is verified or is still pending for verification against all the years in which ITRs were filed online by you.
Ø In case, the refund has been made it will show the mode by which refund was made and the date on which refund was sent to you. E-filing of Income Tax Return – Your Personal Tax Expert. Due date to file Income Tax Return for the Financial Year 2017-18. The due date to file Income Tax Return for the Financial Year 2017-18 was 31st August 2018, but any taxpayer who filed Income Tax Return after the stipulated time was supposed to pay certain amount of Penalty.
The taxpayers who filed Income Tax Return after 31st August 2018, were supposed to pay a late penalty of Rs. 5000, but those who had an annual income of upto Rs. 5 Lakhs were supposed to pay Rs. 1000. Those taxpayers who filed their income Tax Return after 31st December 2018, were required to pay a penalty of Rs.10,000, as per section 234F of the Income Tax Act. Acche Din? Budget 2019. After a long wait, finally the Union Budget 2019 is here and one must remember, this budget is here to stay.
The Union Budget 2019 has brought a massive reform, this budget is for all, as it effects every citizen of this country in some or the other way. Union Budget was Presented by Interim Finance Minister Piyush Goyal, on 1st February 2019. A lot was expected from this budget, as it was also popularly called the Election Budget. This budget was considered as a big decision maker for the future of the present Government in this Country. Let’s take a close look at the highlights of the Union Budget 2019: – What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India.
Income Tax Login and Registration. How to e-verify ITR-V. Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs.
Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. Online Income Tax Return E-filing solution. What are the dates to remember while filing tax in India. Income Tax Login and Registration. How to e-verify ITR-V. Generate Rent Receipt and avail HRA Benefit. House Rent Allowance - HRA Exemption Calculator. How to Check Income Tax Refund Status. Income Tax Calculator for current Income Tax Slabs. Here is how you can file your ITR easily. What is ITR Filing and what are recent changes in it? – Your Personal Tax Expert.
What are the dates to remember while filing tax in India.