Special Offer For Practicing Chartered Accountant
Special Offer For Practicing Chartered Accountant
Multiple forms of Income Tax Return (ITR) exist for different income types and taxpayer categories. Salaried individuals typically consider ITR-1 (SAHAJ), ITR-2, ITR-3, and ITR-4.
Eligibility: Resident individuals with total income up to ₹50 lakh
Not Applicable If:
Eligibility:
Eligibility:
Eligibility:
| Form Name | Purpose | Includes |
|---|---|---|
| Form 12BB | Declaration of tax-saving investments to employer | HRA, LTC, interest on home loan, deductions (VI-A) |
| Form 16 | Salary paid and TDS deducted certificate | Part A (TDS), Part B (Salary breakup, deductions) |
| Form 16A | TDS certificate for income other than salary | Interest, commission, rent, etc. |
| Form 26AS | Annual tax credit statement | Details of TDS, TCS, advance tax, self-assessment |
| AIS | Annual Information Statement | TDS/TCS, interest, dividends, MF transactions, etc. |
| Form 15G / 15H | Prevent TDS deduction on interest if income is below taxable limit |
15G: For individuals under 60 years 15H: For senior citizens (60 years and above) |
| Form 10E | Relief under section 89(1) for arrears/advance salary | Mandatory for claiming relief while filing return |
Interactive Interface: Guides users through data entry and form selection easily.
Auto Form Generation: Automatically selects and generates applicable ITR forms.
Document Management: Upload and manage Form 16, 12BB, 26AS, AIS etc.
Fast Calculation: Real-time tax calculation including deductions and exemptions.
Secure E-Filing: Direct submission to the Income Tax Department.
To summarize, understanding the due forms and returns is crucial for the real & timely filing of taxes. Therefore, it is vital to integrate tools, especially the EasyTAX - Income Tax Software of EasyOFFICE , the best tax filing software, for ease of compliance and maximization of tax benefits. So, are you ready to simplify your tax-filing procedure? Visit our website for more information on EasyOFFICE Income Tax Software.
