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Tag: ITR

How to e-verify your Income Tax return?

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how-to-e-verify-your-income-tax-return

After the filling the income tax return form successfully, the next thing to do is verify it. The Income Tax Department begins preparing your return, once it is checked. Refunds, assuming any, are prepared for restores that have been submitted and checked. ClearTax prescribes that you check your return by means of net banking. It is the most effortless and…

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Cheated in your tax returns? You may end up in jail

Admin
cheated-in-your-tax-returns-you-may-end-up-in-jail

It’s 2018 and things have changed, now the taxpayer has to explain all the exemptions claimed by him while reporting his income in Income tax return and not the Tax preparer i.e Chartered Accountant or any other person authorised to prepare ITR. The taxpayer would be the person who would have to answer and explain every deduction he claimed. There…

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