Indian borrowers applying for a personal loan must typically submit proof of income. Salaried applicants usually provide ...

An ITR (Income Tax Return) form is a document used by taxpayers to share details of their income and the taxes paid with the ...

As mandated by the Tax Code, employers are required to issue BIR Form 2316 as proof that your taxes were withheld. This shall serve as your ITR. In fact, Wednesday, January 31, is the deadline of ...

Is there a new income tax return (ITR) form to declare cash receipts? How can I show the cash withdrawn from my bank account for the purpose of an emergency that did not materialise and was ...

To help you deal with all that, we explain a number of things here including what is Form 16, its parts, when is issue date and much more. Just check it out now. Income Tax Return (ITR ...

Income tax filing is done in different forms prescribed by the Income-Tax Department. Here, we take a look atimportant ITR forms, who should opt for what, and also the key changes over the past year.

The Indian Income Tax Department provides various income tax return (ITR) forms tailored to different taxpayer scenarios. Selecting the appropriate form ensures precise and streamlined reporting ...

Every year, the tax department makes changes in the ITR form. This year is no different. This time the number of details on your income and investment asked by the tax authorities has increased ...

The Income Tax Department has introduced new ITR-1 and ITR-4 forms for FY 2024-25, simplifying tax filing for individuals with long-term capital gains up to Rs 1.25 lakh from listed equities.

However, many individuals fear filing their returns in the absence of Form 16 as they find the process too tedious. According to tax experts, ITR can be filed even without Form 16.