Is ClearTax income tax filing free?
Free income tax returns in under 7 minutes.
You can file your ITR return online through the income tax e-filing portal or ClearTax.11-Jul-2022
What is the last date of e-filing for AY 2021-22?
The last date of filing Income Tax Return for AY 2021-22 without late fees was 31st December 2021. However, with late fees also the last date to file a Return for AY 2021-22 was 31st March 2022.03-Aug-2022
You can file and submit your ITR through the following methods: Online Mode – through e-Filing portal. Offline Mode – through Offline Utility.
Which site is best for ITR filing?
(Source-Press Information Bureau).
As stated above, filing through a chartered accountant may entail a cost of Rs. 1500-2000 for the filing depending on the complexity of transactions in your tax returns.
Can I File my ITR myself?
Taxpayer can file ITR 1 and ITR 4 online. Login to e-Filing portal by entering user ID (PAN), Password, Captcha code and click 'Login'. Click on the 'e-File' menu and click 'Income Tax Return' link.
What is the procedure for e filing?
The last date to file the belated ITR for AY 2022-23 is 31 December 2022.02-Aug-2022
What is the last date for e verify ITR 2022?
Applicability of late fees in case of non-verification of ITR within 30 days. Following table applies only in case of ITRs filed after July 31, 2022. The date of ITR uploaded shall be considered as the date of filing ITR.18-Aug-2022
Income tax return filing last date for AY 2022-23 was 31 July 2022 for salaried employees and HUFs whose accounts don't need to be audited.04-Aug-2022
Is it safe to use ClearTax?
With bank grade network security (128- bit SSL), security audits and industry- wide best practices in security, we keep your data safe. We take your privacy seriously, ClearTax does not use or share your data with anyone. All your data is private and belongs to you. You can download it for free anytime you want.
According to Section 139 (1) of the Income Tax Act, 1961 of India, individuals whose total income during the previous year is more than the maximum amount not chargeable to tax, should file their ITR or income tax returns. When such individuals file their income tax returns online, the process is known as e-filing.
Is e filing mandatory?
Yes, it is mandatory for every partnership firm to file the return of income irrespective of amount of income or loss.04-Apr-2022
Thus, if a salaried individual has income from salary and capital gains, then he/she will be required to file an income tax return using the ITR-2 form.18-Aug-2022
What happens if I dont file ITR?
Non-filing of ITR can lead to imprisonment, where the term can vary between 3 months and 2 years. Non-filing of ITR can lead to imprisonment, where the term can vary between 3 months and 2 years.
Obtaining Certificate from Income Tax Department: For class 'A' Cities: ₹14,000. For class 'B' Cities: ₹10,000. For class 'C' Cities: ₹7,000.06-Jul-2022
What is interest and fees in Cleartax?
You will be charged an interest amount of 1% per month or part of the month (simple interest) on the tax amount outstanding. This interest will be calculated from the due date applicable to you for filing of return of the relevant financial year till the date that you actually file your return.13-Jan-2022
Yes, if a person wants to file his ITR without the help of CA, he can file the same, as there is no compulsion in Income tax Act, 1961 that assistance of CA is necessarily required for filing an ITR. However, filing ITR without consulting CA is equivalent to taking medicines for illness without the help of Doctor.17-Jul-2021
How can I save tax on 12 lakhs?
Tax Deductions under Section 80(C) Investments in PPF (Public Provident Fund) Investments in EPF (Employee Provident Fund) Investments in ELSS funds (Equity-Linked Savings Scheme) Investments in NSC (National Savings Certificates)09-Aug-2022
Is ClearTax income tax filing free?