The all new ITRs - ITR-1 and ITR-4 are now available to file the online return for the FY 2018-19. The last date to file the return is 31st July 2019. Other returns will also be made live shortly. These ITRs are applicable for, ITR- 1. Applicable for: Individuals having total income of up to Rs 50 lakh; Having income from salaries; One house.
How To File Income Tax Return. Posted By: Brajesh Kumar Singh 6 Comments Income Tax, Income Tax Return 2019,. You can take one example as Your income from 1st of April 2018 to 31st of March 2019 is under FY 2018-19 and AY 2019-20. What is Gross Total Income and Total Income? Gross Total Income comes under all forms of incomes, including income from salary, property, business or profession.
ITR-1 (SAHAJ) for AY 2018-19 and AY 2017-18 with Tax calculation Formulas ITR-I ( SAHAJ ) Income Tax Return form for AY 2017-18 with formulas for auto calculation of Income Tax in Fillable PDF.
Taxpayers need to submit the duly completed Form ITR-1 by 31st July of the assessment year to file taxes for the previous year. For example, if the income was earned anytime between April 1, 2017 and March 31, 2018, the assessment year for the same would be 2018-19. In this case, the ITR-1 Form needs to be submitted on or before 31st July, 2018.
Hence, I have taken this topic “Which ITR form to file AY 2019-20” to clarify the readers. What is Income Tax Return (ITR): Income Tax return is a document about the income and tax details that you submit the Government concerned tax authority. Indian Citizens have to file income tax return to the Income Tax Department of the Government of.
New IT Returns form for AY 2019-20 details here by Techi Yogiz on 07:50 0 Comment Income Tax Return Form 2019-20: The Income Tax department has notified new I-T return forms for individuals and companies for the assessment year 2019-20. The tax department has made no changes to the ITR-1 or Sahaj, which is filled by the salaried class. In the new forms, some sections in ITR 2, 3, 5, 6 and 7.
ITR (Income Tax Return) filing Last Date 2019: The last date for filing your annual Income Tax Returns (ITR) for the 2019-20 financial year is August 31. If your annual income is more than Rs 2,50,000 — before deductions under section 80C and 80U — then you are required to file returns. However, if you have paid taxes higher than the actual tax liability then you can claim the income tax.
For the AY 2019-20, every taxpayer will need to file the income-tax return electronically except a super senior citizen (who is above 80 years). If you want to file ITR-1 through an offline or.