Which ITR Form To Pick When You Switch From Being Employee To Entrepreneur.

If you're a private, you recognize you have got to file either kind ITR one or ITR two. If apprehend have a business. You recognize it's either ITR three, four or 4S that you just have to be compelled to make a choice from. However what if you're within the transition? You have got simply quit your job and commenced functioning on model for your start-up. Functioning on a model for your start-up. That tax come kind is that the right one for you? Should you simply collect your kind sixteen from your ex-employer and declare your earnings financial gain move into ITR1 or does … Continue reading Which ITR Form To Pick When You Switch From Being Employee To Entrepreneur.

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Aadhaar, net banking-based I-T e-filing appeal system activated.

Income Tax department has activated the Aadhaar and net banking-based e-filling verification system for tax payers to file the first appeal before a tax officer, on similar lines of online ITR filing.  In order to reduce the interface between taxman and the tax payer, the department has recently operationalized the maiden facility on its official … Continue reading Aadhaar, net banking-based I-T e-filing appeal system activated.