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Income Tax Department notifies ITR forms 1, 4 for assessment year 2025

IndiaTimes Saturday, 23 December 2023
The Income Tax Department has notified ITR forms 1 and 4 for assessment year (AY) 2024-25. Individuals and entities with annual total income of up to Rs 50 lakh can start filing returns for the income earned this financial year. ITR Form 1 (Sahaj) is for a resident individual having income of up to Rs 50 lakh, while ITR Form 4 (Sugam) is for individuals, HUFs, and firms with total income of up to Rs 50 lakh and income from business and profession.
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Income tax return (India) Income tax return (India)

Income Tax Returns For FY 2023-24: Keep These Steps In Mind While Filing ITR This Year| Watch [Video]

Income Tax Returns For FY 2023-24: Keep These Steps In Mind While Filing ITR This Year| Watch

As the financial year draws to a close, it's time for salaried individuals across the nation to gear up and file their income tax returns (ITRs). While the process may seem overwhelming at first, this comprehensive video guide will simplify the entire journey of e-filing your ITR online. In this step-by-step tutorial, we'll take you through the entire process, from gathering the necessary documents to navigating the online tax filing portal seamlessly. #ITRFiling #IncomeTax #ITRReturns #GoodReturns #Economy #Businessnews #NiramalaSitharaman #Moneynews #Businessnews #IncomeTaxReturns #Oneindia #Oneindianews ~ED.155~PR.152~GR.125~

Credit: Oneindia    Duration: 04:46Published

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