Tax Gyan - The Makeyourtax Blog


ITR for AY 16-17 released with extra burden on ultra-rich

Financial Year 2015-16 has ended and it indicates that Income Tax Return filing for this financial year is to be done on priority. With our past experience, we are relaxed thinking that ITR Forms will be released near to the due date and then automatically the due date shall get extended. If you are in the same …

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5 Common mistakes in the Income Tax Return filing to avoid

Be cautious while filing of Income Tax Returns. Even a small mistake in your return may result into a notice from Department. When returns are assessed every minute detail if wrongly entered may put you in between different notices and if no proper reply given to any such notices then you may encounter a series …

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ABCD of Income Tax Return Filing

There is a lot of confusion and over-lapping information with regard to who should file Income tax Returns and also what is the due date for filing those returns. This article would try to address all issues relating to Income Tax Return Filing. Mandatorily required to file Income Tax Returns Every Company or Firm is …

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