Tag: ITR Filing

Why you should file ITR even if your income is less than INR 2.5 Lakhs ? While it may not be mandatory to file an ITR if your net taxable turnover is ₹2.5 lakhs or below,  Filing an Income Tax Return (ITR) in India is not compulsory for everyone, especially if your net taxable turnover …

Income Tax Return Filing & Audit Report Deadlines for FY 2023-24 (AY 2024-25) In order to ensure compliance with income tax law and avoid penalties, certain deadlines are essential. To properly fulfil these deadlines, Income tax taxpayers should prepare their financial accounts and Tax return well in advance. Here’s a summary of the Income Tax …