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What are the changes in the New Income Tax Return forms for FY2023-24?

What are the changes in the New Income Tax Return forms for FY2023-24?
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Suresh suranaIncome tax departmentAgniveer corpus fundIncome tax returnFinancial yearAssessment yearSalaried taxpayersPresumptive taxationIt actFinance actAgnipath schemeAgniveer corpusTaxable total income

Presumptive Taxation, Income From Profession Can t Be In Absence Of Notified Professional Qualification: ITAT

The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that income from professions against which TDS is deducted cannot be taxed at 50% in the absence of notified professional.

Jitendra singhNarender kumar choudhryIncome tax appellate tribunalJudicial memberAccountant memberFor appellantPresumptive taxationProfessional qualification

Filed ITR? Income tax department lens on income obtained through moonlighting

Over 1,100 notices sent for income earned in financial years 2019-20 and 2020-21

Raghuram trikutamAmit guptaAvinash shekharManaging directorPresumptive taxationPermanent account numbersIncome tax actTax departmentIncome tax departmentTax return

How consultants and freelancers can file ITR online on the e-filing income tax portal

Read below to find out how people who work as consultants and freelancers file their income tax returns (ITR) online on the e-filing website. Do note that income tax rules for consultant and freelancers incomes are different than those for salaried individuals. A consultant is eligible for certain business expenses that salaried individual cannot claim.

Processing centrePresumptive taxationIncome taxTotal turnoverAssessment yearIncome tax return pageAssessment yearStart newPersonal detailsSchedule house propertySchedule computationSchedule capital gains short termLong term capital gainsCapital assetsTax return verification formCentralized processing centre

Flexibility and better salaries: High-skilled professionals embrace white-collar gig work amid rising IT deman

Flexibility and better salaries: High-skilled professionals embrace white-collar gig work amid rising IT deman
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Teamlease hrtech sabharwalNihar apteSumit sabharwalGurpreet singhSekhar garisaFull stack developerComputer sciencePresumptive taxationIncome taxChief business officer

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