ITR – FinanceViewers

ITR Series: Day 13: ITR-6 – The Corporate Tax Return for Companies

TaxationJune 23, 202511Views 0Likes 0Comments

Table of Contents Overview Who Can File ITR-6? Who Cannot File ITR-6? Key Structure Important Considerations Why ITR-6 is highly complex? Did you know? Final Word When it comes to companies, whether private, public, or foreign, ITR-6 is the go-to income tax return. It's comprehensive, detailed, and mandatory for most corporate entities not claiming exemption under…

ITR Series: Day 9: ITR-2 – Handling Capital Gains, Rental Income & More Like a Pro!

TaxationJune 17, 20258Views 0Likes 0Comments

Table of Contents Overview Who Can File ITR-2? Who Cannot File ITR-2? ITR-1 v. ITR-2 – Quick Contrast Structure of ITR-2 How to File ITR-2? Key Points Final Thoughts Overview As we move forward in the ITR filing season, it becomes essential to understand which form applies to more complex income structures. If you're someone with…

ITR Series: Day 8: ITR-1 Sahaj – The Easiest Route to Filing Your Income Tax Return

TaxationJune 16, 20259Views 0Likes 0Comments

Table of Contents Overview What is ITR-1 (Sahaj)? Who Can File ITR-1? Update for AY 2025-26 Who Cannot Use ITR-1? Structure of ITR-1 Form How To File ITR-1? Important Considerations Final Thoughts Overview As the ITR season gains momentum, choosing the right form is more than just a formality—it’s your first step toward a smooth, error-free…

ITR Series Day 6: PAN And AADHAAR – What’s Mandatory and What’s Not

TaxationJune 13, 202510Views 0Likes 0Comments

Table of Contents Overview Understanding PAN and Aadhaar Key Deadlines and Mandates Consequences of Non-compliance How to link PAN with Aadhaar Special considerations for NRIs. Final Thoughts Overview Ever tried opening a bank account or filing your ITR without linking PAN and Aadhaar? It’s like trying to start a car without the key! 🔐 As…

ITR Series:Day 5: Document Checklist for a Hassle-Free ITR Filing.

TaxationJune 12, 202510Views 0Likes 0Comments

Table of Contents Overview General Documents (For All Taxpayers) For Salaried Individuals For Self- Employed/ Business Owners For Rental Income For Capital Gains For Income From Other Sources For Deductions and Exemptions Quick Tips Summary Checklist Wrapping Up Overview Filing your Income Tax Return (ITR) can feel like a breeze, but only if you’ve got your…

ITR Series:Day 4: Know Your Deadlines – All About ITR Filing Due Dates.

TaxationJune 11, 202510Views 0Likes 0Comments

Table of Contents Overview ITR Filing Due Dates for FY 2024-25 (AY 2025-26) Who Needs to File By Which Date? Consequences of Late Filing Benefits of Timely Filing What You Should Do Now? Overview Filing your Income Tax Return (ITR) on time isn’t just about ticking a legal box — it’s a smart financial habit that…

ITR Series: Day 3: Types of ITR Forms- Which one is right for you?

TaxationJune 10, 202511Views 0Likes 0Comments

Table of Contents Overview What’s New for FY 2024-25? ITR Form Snapshot: Who should file what? Breakdown of each ITR FormITR-1 (Sahaj) – “Simple & Straightforward” ITR-2 – “For the Investor & Global Earner” ITR-3 – “The Business Mind” ITR-4 (Sugam)– “Presumptive & Proud” ITR-5 – “The Entity Return” ITR-6 – “Corporate Compliant” ITR-7 – “For…

ITR Series: Day 2: Do You Really Need to File ITR? Let’s Decode It.

TaxationJune 8, 202511Views 0Likes 0Comments

Table of Contents Overview Who must file an ITR in India? Who should file an ITR , even if its not mandatory? Quick Eligibility Checklist What is FY and AY ? Wrap Up …

ITR Series: Day 1: What is Income Tax Return? Start here with this Beginner’s Guide

TaxationJune 6, 202510Views 0Likes 0Comments

Table of Contents Introduction to the 30-Day ITR Series Why Income Tax Matters? What is an ITR (Income Tax Return)? What’s the need for filing ITR? NIL income tax returns- No Income?- File Your Return Anyway! Why Filing ITR for Deceased Loved Ones Matter More Than You Think? Why Filing ITR Makes Sense (Even If Not Mandatory)…

Form 10F: A Step by Step Guide for Non-Residents

TaxationFebruary 12, 202416Views 0Likes 0Comments

Table of Contents Overview Purpose & Benefits Applicability Documents Required Online Application ProcessE-filing Account Creation for NRs Filing of Form 10F Overview Form 10F is a self-declaration tax form designed for Non-Residents (NRs) seeking benefits under Double Taxation Avoidance Agreements (DTAA). It is particularly relevant when the Tax Residency Certificate (TRC) lacks essential information. Purpose…

Section 194P: Deduction of Tax in Case of Specified Senior Citizens

TaxationJanuary 4, 202416Views 0Likes 0Comments

Table of Contents Introduction Meaning of Certain TermsSpecified Senior Citizen Specified Bank Overview of section 194P of the Income Tax Act Benefits for senior citizens under section 194P Declaration in Form 12BBA. Summary FAQs Introduction Inserted by Finance Act,2021 in Income Tax Act, 1961, section 194P provisions w.e.f 1st April 2021 provide relaxations to specified…

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