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Filing ITR for AY-25 Using Online and Offline Utilities

Filing ITR for AY-25 Using Online and Offline Utilities | Tax Professional Blogs | Scoop.it

The Income Tax Department has made the process of filing Income Tax Returns (ITR) simpler and more efficient for taxpayers in the fiscal year 2023-24 (AY25). To achieve this, the department has introduced three new online forms, namely ITR-1, ITR-2, and ITR-4. These forms can be accessed easily on the department's official website, making it convenient for individuals across the country to file their tax returns. The introduction of these new forms aims to simplify and expedite the tax filing process for taxpayers. The online forms have been available since April 1, 2024, offering taxpayers ample time to complete and file their returns.

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Ten Important Things to Finish Before Turning in Your Income Tax Return (ITR)

Ten Important Things to Finish Before Turning in Your Income Tax Return (ITR) | Tax Professional Blogs | Scoop.it

ITR (income tax return) filing is almost over, and it can be a difficult process, especially for those filing for the first time. Many people have trouble completing their ITR because they don't understand the basic principles. This misunderstanding might make things more difficult and ultimately confusing. Therefore, before completing the ITR, it is imperative to have a thorough grasp of taxable income and the many tax regimes accessible. Possessing this knowledge will enable you to file your ITR correctly and without error.

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