The income tax laws allow a person to file a revised Income Tax Return (ITR) by December 31, in case the taxpayer finds some ...
India’s income tax filings are beginning to tell a story that goes well beyond salaries. New data from tax filings show that ITR-3 filings, which cater to taxpayers with business or trading income, ...
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Owning two houses but no rental income: Can you still file ITR-1, or is ITR-2 mandatory?
Hi, my father owns two properties but earns no rental income from either. He has no stock or mutual fund investments and meets all other eligibility criteria for ITR-1. I’m unsure whether owning ...
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