The income tax return forms, ITR-1, ITR-2 and ITR-4, for FY 2023-24 (AY 2024-25) are now available for e-filing on the Income Tax department portal. The online ITR forms were made available from ...

Filing ITR is not only a legal responsibility but also important for taxpayers' financial health. It keeps a record of one's ...

The Bureau of Internal Revenue (BIR) on Friday called on taxpayers to pay taxes as they file their 2024 Income Tax Return ...

A late filing fee, interest for delays in payment, penalty for under-reporting income and prosecution for non-compliance are some of the punishments handed by the tax department ITR 1 Form filing ...

Filing Income Tax Returns on time ensures compliance with tax laws and helps you claim deductions. Understanding the process ...

It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...

The ITR is a declaration of one's income to be used for showing the taxes tat have to be paid during a financial year.