Web4 uur geleden · As a freelance professional in India, filing your Income Tax Return (ITR) is slightly different from salaried individuals, but the tax rates remain the same. You will need to submit either ITR-3 or ITR-4, depending on your income from business or profession. Since the Assessment Year (AY) 2024-18, freelancers can opt for presumptive taxation … WebITR-1. Individuals with ordinary resident status, Individuals with gross income ranging up to ₹ 50 lakhs. Earns revenue from sources including the family's residence, wages and …
Income Tax Saving Deductions and ITR Filing: Checklist for …
Web16 apr. 2024 · The process of Income Tax Return (ITR) filing for the Assessment Year (AY) 2024-23 has been initiated with timely notification of ITR Forms (from ITR-1 to ITR-6). WebYes, you can file ITR1 instead of filing ITR 4, if you only have income from salary ,house property income or income from other sources like dividend, interest on FDR etc. Make a … hot bench are they real judges
Income Tax Return: Know the major changes in ITR Forms before …
Web22 jul. 2024 · Gen Income Tax Software. Gen Income Tax Software enables e-filing to upload returns directly. You can compute income tax, advance tax, self-assessment tax, … Web10 apr. 2024 · As a freelancer and consultant, one has to fill out and submit either ITR-3 or ITR-4. ITR-3 applies to income from business or profession. From AY 2024-18 (FY 2016-17), professionals can opt for presumptive taxation and declare 50 per cent of their gross receipts as their income by filing ITR-4. WebThose filing the ITR-1 and 4 may fill the forms online, while those using ITR 2, 3 must use the offline method mandatorily using the ITR 2 XML and the ITR-4 XML files. ITR-1 and 4 can also be filed offline using XML file in ITR. How to create XML file for ITR? The ITR XML file downloadis in an XML format used by the portal for the ITR form. hot bench bailiff sonia bio net worth