Tag: Ay 2015-2016

  • How to do Electronic Verification of ITRV

    Good news! Income Tax payers are no longer required to sign ITR-V and send ITR V To Banglore CPC. ITR-V can not now be verified online using Aadhar card and / or net banking. This is a much awaited initiative from Income tax department which is welcomed by all income tax payers. We are sharing […]

  • Income Tax Form for Assessment Year 2015-2016

    Income tax  forms for Assessment year 2015-2016 is released by income tax department. For Assessment year 2015-2016, every person (not being a co.) to e-file (Electronic Income tax Return) the income tax return if its total income exceeds Rs. 5,00,000. While filing the return care should be taken to ensure that you select correct Income tax forms. Please use […]

  • Which ITR should I use for Filling tax return – ITR 1 or ITR2

    Income Tax Return filing last date is 31st july 2014 for non- Audit cases. There is lot of confusion among tax payers, which is the correct income tax form. Whether I should use ITR 1 or ITR 2. Who can use ITR 1 ITR–1 Form is to be used by an Individual having income from […]

  • Who Can Use Itr 2 For Online Return Filing?

    New Income tax form for Assessment year 2015 -2016 are released by Income Tax Department. It is important that correct income tax form should be selected for filing income tax return. Selecting correct income tax form will ensure that you return are processed timely and you get income tax refund on time. Who can use […]

  • Who can use ITR-1 form for filing income tax return?

    ITR-1 Form (or called as SAHAJ) is very simple and easy to use Income tax form. Who can use the ITR-1 Form for Previous Year 2014-2015 ( AY 2015-2016) ITR–1 Form is to be used by an Individual having income from following sources: Income from Salary/ Pension Income from One House Property (not being brought […]