Important Update for Taxpayers..! ITR forms..!
ITR Filing: For a salaried class to easily file their ITR, Form-16 issued by their employer/employer is required. Are you an income tax filer? If you have to file income tax returns, this message will be useful for you. So far online forms for ITR are not issued by Income Tax Department. But offline ITR-1 and ITR-4 forms are provided for filing income tax returns for the financial year 2023-24. Offline ITR-1 and ITR-4 forms have come after CBDT announced them in February. Who can fill ITR-1 and ITR-4 forms?
Your income is Rs. 50 lakhs or from agriculture under section 44AD, 44ADA or 44AE if Rs. ITR-4 is the form for you if you have income up to 5000 in business or professions like medicine law. In offline mode, taxpayers need to download the form.