Income Tax Return Archives |

Tag: Income Tax Return

Top Deductions That People Miss Out on While Filing Their ITR

Introduction As the deadline for ITR filing approaches, people attempt to identify all ‘Revenue from Sources’ and appropriately complete their reports. Taxpayers who filed returns under the previous tax system know the popular deductions available under different sections that reduce taxable income. Most of them strive to take advantage of the Section 80C limit as […]

Difference Between ITR1 and ITR3 – A Complete Guide

Introduction Every year during the income tax return time, there is confusion regarding the form that one must fill out. Different ITR forms are available and are classified according to individuals, professions, and income. Choosing the right form is imperative since if a taxpayer fills out the wrong form, they must redo the entire process. […]

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