Your Guide To Filing I-T Return

Many changes have come about in income tax-filing rules, but digitisation has simplified the process   It’s that time of the year when individual taxpayers have to file their annual income tax return (ITR), the last date for submission being July 31. Various changes in tax returns were introduced in the Budget and ITR forms …

Income Tax : Case study

Srishti lives and works in the USA. She checked her Form 26AS online and found out that a TDS entry of Rs 20,000 is mentioned. This TDS had been deducted at 30% on interest earned by her in her NRO account. Srishti has no other income in India.   Does Srishti have to pay any …