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  2. www.livemint.com › money › personal-financeITR Filing: Who Are Mandatory & Who Are Exempted To File ITR ...

    Jul 22, 2022 · An individual or HUF must file a tax return if their total income, before any deductions or exemptions, surpasses the statutory exemption threshold. Individuals must, however, report any...

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  4. cleartax.in › s › itr-if-taxable-income-is-belowDo You Need to File Returns if Taxable Income Is Less Than ...

    May 16, 2024 · According to Income Tax laws, an Indian citizen must file an ITR only if his/her taxable income exceeds the basic exemption limit. In case the person's income falls below this threshold, it is not mandatory to file a return. The basic threshold will tend to differ depending on the chosen income tax regime.

  5. www.incometax.gov.inHome | Income Tax Department

    e-filing and Centralized Processing Center. e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries

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  7. www.incometax.gov.in › how-to-file-tax-returnsHow to File Tax Returns | Income Tax Department

    e-filing and Centralized Processing Center. e-Filing of Income Tax Return or Forms and other value added services & Intimation, Rectification, Refund and other Income Tax Processing Related Queries

  8. cleartax.in › s › documents-required-for-income-taxDocuments Needed for Filing Income Tax Returns in India

    • Choosing The Applicable ITR Form
    • For Salaried Employees
    • For Income from House Property
    • For Capital Gain Income
    • For Interest Income
    • Form Ais/Tis
    • Section 80 Investments
    • Documents Required to Claim The Following Expenses as Deductions
    • Other Investment Documents
    • Documents Required For Income Tax Returns Filing

    Taxpayers have to choose the correct ITR form applicable to them. The income tax department has launched pre-filled ITR forms for AY 2024-25. Determining which ITR form to choose can be challenging but if you file with Cleartax, we auto-suggest the correct ITR form for you based on your income details.

    See full list on cleartax.in

    If you are a salaried employee, gather these documents to e-file your income tax returns in India. Go through this list to see the documents you’ll need to do your taxes. 1. PAN 2. Aadhaar card 3. Form-16 Part A and B issued by your employer 4. Month-wise Salary Slips It is essential to gather information on all taxable allowances received and the ...

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    Gathering the details mentioned below is necessary in order to provide complete and truthful disclosure of your income from house property. 1. Rental income details 2. Tenant details such as Name, PAN/Aadhaar 3. Address of Property and Co-owner details 4. Interest certificate for loan, if any, including Pre-Construction Interest 5. Pre-construction...

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    Capital gain includes proceeds from the sale of immovable properties such as land, building, house etc, also includes shares, debentures, mutual funds, jewellery etc., irrespective of gain or loss, the transactions must be reported. 1. For Sale of Immovable Property : 1.1. Sales and purchase deeds, improvement cost details, transfer expenses 1.2. F...

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    Bank statement/passbook for interest on a savings account.
    Interest income statement for fixed deposits.
    TDS certificate issued by banks and others.

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    The Annual Information Statement (AIS) is a detailed summary of a taxpayer's information, which is given in Form 26AS. In addition to the TDS/TCS details, the AIS will also show interest, dividends, stock market transactions, mutual fund transactions, etc. AIS shows both reported value (value reported by the reporting entities) and modified value (...

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    Section 80C investment documents. The investments made under PPF, NSC, ULIPS, ELSS, and LIC qualify for deductions under Section 80C. Make sure you have the slips and receipts of all the investments made for tax-saving purposes. Also, these documents should be preserved for a couple of years for the safe side.

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    Keep these documents at hand to claim the expenses as deductions : 1. Your contribution to the Provident Fund 2. Your children’s school tuition fees 3. Life insurance premium payment 4. Stamp duty and registration charges 5. Principal repayment on your home loan 6. Equity Linked Savings Scheme/Mutual Funds investment 7. The maximum amount that can ...

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    Interest paid on Housing Loan: Interest on a housing loan is eligible for tax savings up to Rs 2,00,000. This is for a self-occupied house. There is no limit on interest on a housing loan for let-o...

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    The income tax return you file is an ‘annexure less’ return, i.e. no documents or proofs are required to be attached to the returns. The Income Tax Act specifies obtaining certificates and proofs to claim deductions, which makes it ambiguous for the taxpayers as to whom they must hand over those certificates and proofs. The taxpayers must preserve ...

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  9. cleartax.in › s › income-tax-for-nriIncome Tax for NRI - ClearTax

    Aug 20, 2024 · Am I Required to File My Income Tax Return in India? Any individual whose income exceeds Rs 2,50,000 is required to file an income tax return in India.

  10. tax2win.in › tax-tools › itr-eligibility-checkerIncome Tax Eligibility Checker | Check Your ITR Filing ...

    In India, individuals, Hindu Undivided Families (HUFs), and other entities are required to file their Income Tax returns subject to certain conditions. Determine your Income Tax eligibility with Tax2win. 1/3. Income Details. Date of Birth. Annual Income. NEXT. What is an ITR? ITR stands for Income Tax Return.