Key Points
The Income Tax Department has released ITR forms 1 and 4 for individuals and entities with an annual total income of up to 50 lakh for the assessment year (AY) 2024-25.5...
Individuals, including Hindu Undivided Families (HUFs), firms with income up to 50 lakh, and those earning from business and profession in the current fiscal (April 2023-March 2024), can commence filing returns for the income earned this financial year. ..
However, this year, the ITR forms are announced in December itself, facilitating early filing for taxpayers..
The provisional Direct Tax collections for the Financial Year 2023-24 (as of December 17) reveal a net amount of Rs. 13,70,388 crore, reflecting a 20.66 per cent increase from the corresponding period in the previous Financial Year (FY 2022-23) when it stood at Rs..
The provisional figures of Gross Direct Tax collection (before adjusting for refunds) for FY 2023-24 reach Rs. 15,95,639 crore, marking a 17.01 per cent growth over the collections of the corresponding period in the preceding financial year (FY 2022-23), which was Rs..
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ITR-1, ITR-2, ITR-4 forms for FY 2023-24 (AY 2024-25) available now on e-filing income tax portal
03, Apr, 24ITR filing forms for FY 2023-24: As of April 1, 2024, the online ITR forms have been enabled. This means that taxpayers who are eligible to file their tax returns using these forms can now proceed to file their ITR for the financial year 2023-2024.
File ITR at earliest as govt not contemplating extension of July 31 deadline: Revenue secretary
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Income Tax Department notifies ITR forms 1, 4 for assessment year 2025
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ITR filing 2023: List of banks for tax payments available at e-pay tax service
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Record 8.18 crore Income tax returns filed till December 2023
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