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The ITR-3 Form particularly applies to Individuals and Hindu Undivided Families (HUF) having income under the head profits or gains of business or profession and who is not eligible for filling ITR-1, ITR-2 or ITR-4.
The tax deducted from employees should be paid to the government in time; The PAN and TAN details should be filled in correctly; The receipt, voucher or challan number of the tax paid to the government should be filled in correctly; Employees should be issued the duly completed Form 16 well in time to file their tax returns with the Income Tax ...
The SUGAM ITR-4S Form is a Presumptive Income Tax Return Form and is part of the Income Tax Returns Filing process with the Income Tax Department of India. The Form is required to be filled out and submitted by those who are eligible to use it under the Income Tax Act, 1961, and the Income Tax Rules, 1962.
For the assessment year 2016–17, individuals earning up to ₹ 2.5 lakh (US$2,900) were exempt from income tax. [14] About one percent of the population, the upper class, falls under the 30-percent slab. It increased by an average of 22 percent from 2000 to 2010, encompassing 580,000 income-tax payers.
A former TD Bank employee based in Florida was arrested and charged with facilitating money laundering to Colombia, New Jersey's attorney general said on Wednesday, in the first such arrest since ...
California Democratic Gov. Gavin Newsom asked state lawmakers Monday for an additional $25 million in funding to cover the cost of legal battles he expects to have with President-elect Donald ...
How much of the US is in a drought? Overall, 38.9% of the contiguous U.S. is in drought, which is down about 13% since early November, according to the most recent U.S. Drought Monitor, out ...
FY2021-22 was an uneventful year for the New Tax Regime as no new changes were announced except the relaxation of Income Tax filing for senior citizens over 75 years. [26] The government's tax policy for the near future was clearly outlined which indicated that all tax breaks will be gradually eliminated while maintaining a low tax rate.