Caonweb – Expert CA Sakshi Agarwal Filing your income tax online need not be confusing. At Caonweb, guided by Income Tax Return Filing specialist CA Sakshi Agarwal, we simplify the income tax filing process for all over India. 1. What is Income Tax Return Filing? Industry expert CA Sakshi Agarwal reviews: “This section clearly answers […]
Tag: ITR due date
What Things should be kept in mind while filing income tax return
Introduction: Filing income tax returns (ITR) can be daunting, but with the right guidance, it becomes a breeze. At Caonweb, under the expert guidance of CA Sakshi Agarwal, we understand the nuances of Income Tax Return Filing. Here are some crucial things to keep in mind. 1. Understand Your Income Sources: Identify all sources of […]
KNOW IMPORTANT BENEFITS OF FILING YOUR INCOME TAX RETURN
Benefits of Filing ITR on Time Introduction Filing your Income Tax Return (ITR) on time is not just a legal obligation but also a financially wise decision. By filing your ITR on time, you can avail yourself of various benefits and avoid unnecessary penalties. Let’s explore some of the key advantages of filing your ITR […]
Income Tax Fundamentals for the Assessment FY- 20-21
What is income according to the Income Tax Act? The term “income” has a very broad and inclusive meaning that is defined in Section 2(24) of the Income Tax Act; we will try to understand it broadly without going into too much detail. Income from Salary: This is the amount you receive from your employer each month. […]
New ITR filing date for A.Y 2023-24
It was demanded to extend the due date of filing ITR because of last minute rush and also main factor was TDS statement issue was also delayed for A.Y 2023-24. On 23rd July 2023 CBDT extended the due date of filing Income Tax Return of taxpayers whose due date falls on 31st July 2023. Who […]
You may land up in Jail for non-filing of ITR
The central Board of Direct Taxes (CBDT) has extended the ‘Due Date’ for filing of Income Tax Return from 31st July, 2019 to 31stAugust, 2019! Interest and Penalty for failing to file ITR within due date Those category of individuals with income below the exemption limit are not required to file the ITR irrespective of what […]
Basics of Income Tax Return Filing for Beginners
As you all know that the due date for online income tax return filing for FY 2018-19 is approaching soon. The ITR due date is 31st July 2019 for those whose books of accounts are not required to be audited. And, the ITR due date is 31st September 2019 for others. You should file your […]
Are you a salaried Taxpayer? You need to be alert with recent changes in Form 16!!
These changes have been introduced in form 16 to keep it on the same line with the changes that came in Income Tax return Forms as notified by CBDT for AY 2019-20.
How to file Income Tax Return Online for salaried employees for FY 2018-19?
Salaried employees having gross total income exceeding the basic exemption limit during the previous year must file an income tax return in applicable income tax return form on or before the ITR due date. ITR due date is 30th September of the assessment year for taxpayers whose accounts are required to be audited and ITR […]
Plan Income Tax Return: 3 Lesser Known Ways to Save Income Tax
Tax Saving is a continuous process but not everyone plans it well through the year. It often ends up being a last-minute rush whereas online income tax return filing is annual process. This financial year is nearing its end and if you haven’t been planning your taxes all through the year, you must be busy […]