India  

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.
0
shares
ShareTweetSavePostSend
 

💡 newsR Knowledge: Other News Mentions

You Might Like


Related videos from verified sources

Meta-Analysis Uncovers Link Between Income Change and Mental Health [Video]

Meta-Analysis Uncovers Link Between Income Change and Mental Health

Meta-Analysis Uncovers , Link Between Income Change , and Mental Health. According to research published in 'The Lancet Public Health,' income loss at any level was found to be linked with worsened..

Credit: Wibbitz Top Stories     Duration: 01:31Published

Related news from verified sources

ITR-1, ITR-4: New ITR forms for income tax return filing FY24 notified by CBDT

ITR-1, ITR-4 FY24: The Central Board of Direct Taxes (CBDT) has notified the income tax return (ITR) forms ITR-1 and ITR-4 for the fiscal year 2023-24...
IndiaTimes