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 tax payers. Income Tax Department decided
ITR stands for Income Tax Return. The Income Tax Act, 1961. Governs all ITR forms and procedures to followed. This article gives in depth understanding to the Income Tax Return definition and types of ITR form. What is ITR? Income Tax Return form in which the taxpayers file information about income earned and applicable to