ITR

IT IS MORAL DUTY OF EVERY INDIVIDUAL TO PAY TAXES ON IT INCOME EARNED DURING THE YEAR FOR WHICH EVERY INDIVIDUAL SHALL REQUIRED TO FILE INCOME TAX RETURN (ITR).
INDIVIDUALS HAVING INCOME FROM
  1. SALARY, HOUSE PROPERTY, PENSION
  2. CAPITAL GAIN (SHARES, PROPERTY)
  3. FOREIGN INCOME
  4. BUSINESS INCOME

DIFFERENT FORMS ARE AVAILABLE FOR DIFFERENT SOURCES OF INCOME

  1. FOR SALARIED PERSON – ITR 1
  2. FOR CAPITAL GAIN – ITR 2
  3. FOR BUSINESS INCOME – ITR 3
  4. FOR PRESUMPTIVE TAXATION – ITR 4
  5. FOR PERSONS OTHER THAN INDIVIDUAL, HUF, COMPANY, PERSONS FILING ITR -7 – ITR 5
  6. FOR COMPANIES – ITR 6

DOCUMENTS REQUIRED FOR FILING OF INCOME TAX RETURN

  1. PAN CARD
  2. AADHAR CARD
  3. BANK STATEMENT
  4. INFORMATION REGARDING SOURCES OF INCOME, DEDUCTIONS ETC.

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