Penalty for Late Filing or Non Filing of Income Tax Return

The last date to file income tax return every year is 31st July or 31st September. You must file your income tax return within due date. Now the questions is if you are not filing your income tax return within due date how much penalty or interest you have to pay. Here we will discuss … Read more

Register & Login on Easily with Images

In this article we will discuss about registration and login procedure. You can also check the procedure about of to get new password in the case of forget password on When it comes to handling information based websites such as, it is important that people are well aware of the registration and … Read more

Never Forget to Consider Interest Income in Income Tax Return

Generally people forget to include interest income while filing for an income tax return. The interest income which an individual earns is to be added under the head other sources i.e. the residual head. Interest income is over and above from your income under the head salary, business, profession and house property etc. Interest is … Read more

ITR-5 Form: How to Fill and E-File ITR 5

Here you can find the complete detail about ITR-5 for A.Y. 2017-18. You can check here the simple guide about ITR-5 like who can file ITR-5, changes (A.Y.2017-18), download link and more. Who can use ITR-5 Form? ITR-5 can be filed by the follower persons. Firm LLPs AOP BOI Artificial Judicial Person Cooperative Society Registered … Read more

ITR 4 Sugam Form: How to Fill and e-File ITR-4 for A.Y.2017-18

Update on ITR-4 Sugam for A.Y. 2017-18: The assessee who were filling ITR-4 Sugam for A.Y. 2016-17, now they will file ITR-3 form. Know more about ITR-3 form here. The ITR-4 form has removed by Income Tax Department for A.Y.2017-18. Now there is only one form i.e. ITR 4 SUGAM. It is only for the … Read more

ITR 3 Form – How to Fill and e-File ITR-3 Form?

You will get here complete detail about ITR 3 like how to fill ITR-3 form, how to e-file ITR-3, download link of ITR-3 excel utility, ITR-3 java utility and instructions to file ITR-3 form. This guide is up to date along with changes made on 14th July 2017 by Income Tax Department. Changes in ITR-3 … Read more

Which ITR Form to File for A.Y.2017-18?

You come at right place if you have confusion over which ITR form to file, which ITR form to fill and which ITR form to use while filing income tax return. We are giving here a form where you have to click your applicable income. It will let you know your applicable ITR form. There … Read more

ITR 2 Form: Procedure to Fill | How to efile ITR-2 Form

In this article, we will discuss in detail about ITR 2 form i.e. procedure to fill, procedure to file online and answer your all queries related ITR-2 form. You can download ITR-2 form in Excel and Java utility along with instructions. The ITR-2 form recently updated by Income Tax Department on 14th July 2017. ITR-2 … Read more

ITR 1 Form: How to Fill ITR 1 – How to efile ITR 1 Form

As you all know that you have to file income tax return of salary for the A.Y.2017-18 for the period of 1-4-2016 to 31-3-2017. ITR-1 is also called as Sahaj Form. The last date to file salary income tax return is 31st July, 2017 as per the date mentioned in the Income Tax Obligation Calendar … Read more

A Very Simple Guide for Tax on EPF Withdrawals

The biggest burden on every employee is tax on EPF. People make very wrong statement about EPF, that EPF withdrawals are not taxable but it is not purely true because these withdrawals can be taxable under some conditions that are given below. If before the completion of 5 years the employee withdraws the EPF balance … Read more

Surcharge on Income Tax – Latest Rates A.Y. 2018-19 & A.Y. 2017-18

Surcharge is one of the key areas while determining payable income tax for individuals and companies. As per the guidelines issued by the IT-Department, the rate of surcharge affects entities whose income is more than INR 50,00,000 in a financial year after the Budget 2017. The rate of surcharge witnessed a hike in the Finance … Read more

Search Your Income Tax AO Code, Ward No, Range & Circle

Do your always confuse about these terms like AO code, My area ward number, my area income tax range and circle. You find difficulty to search these code and doubted to fill in your income tax return forms? Here we will tell you that how you can find easily your Area code, AO Type, Range Code, … Read more

5 Secure Ways to Lock Reset Password Options on e-Filing Account

In case you forgets your password of the income tax e-Filing account, then you will be required to use the option selected using this process to reset password. So, it is the best possible way to revive our account. But sometime it is beneficial for hackers to hack our e-filing account. Please keep in mind here we … Read more

How to Protect Your Income Tax Return e-Filing Account – Step by Step

The e-Filing account of the income tax contains very confidential and important information. So, it is very important to secure the e-Filing account. In order to secure your income tax account, income tax department has introduced E-Filing Vault, which will restrict fraudulent logins. Putting restriction on the options for Login and locking the ways of … Read more

Filing Income Tax Return with Digital Signature for A.Y.2017-18

The use of digital signature is a significant contribution towards filing your income tax return. However, most of the people do not possess one as a result of which they need to furnish ITR-V in physical form to the Headquarter of Income Tax Department. Here will discuss how to file income tax return using digital … Read more

How to File Income Tax Return Online for A.Y. 2017-18

Assessee who are required to file income tax return online must e-file their return. Otherwise it is your choice to file income tax return online or offline. In previous article we have given detail guidelines about how to file income tax return online, offline or TRP schemes. You can file income tax return online for … Read more

How to File Income Tax Return Without Form 16?

Form 16 is a certificate issued by employer for the TDS deducted by employer on the salary of the employee. The employer has to issue the Form 16 once in a year on before 31st May of the next year immediately following the financial year in which the TDS is deducted. Form 16 is a … Read more

Paid Life Insurance Premium! Remember to Claim Tax Benefits

Life insurance premium protects one’s life as well as it is a great tool for tax planning.It helps to save tax. Life insurance premium is the amount paid by a person for buying a insurance policy. The life insurance company provides a lump sum amount at the end of term which is called maturity in … Read more