Online Income Tax Registration Services In Delhi ITR is a form which a person has to submit to the Income Tax Department of India during the year. This contains the information about the income he has earned during the year and the tax due on that income for that year. There is good news for
The income Tax Act 1961 stated the provisions of filling return of income. Return of income tax is the predetermined format in which assesse furnishes information regarding his total income and tax payable. The format for filling of returns by different assessees is notified by CBDT. In income tax return the assesse required to furnish details of
In India income tax is applicable to the person resident in India. As the income tax is applicable on the total income earned by the person in financial year included all source of income chargeable to tax. Although the income tax is collected by the government of India is main source of revenue of the
As per income tax act under capital gain “capital Asset” to include property of any kind held by the assesse whether or not connected with his business or profession, but does not consider any stock or personal assets subject to certain exceptions in the act. As regards shares and other securities, the same can be held either