Monday, February 29, 2016

Income Tax Slab - Income Tax Exception Limit - Current Financial Year 2015-16

Are you searching for Current Income Tax Slab for Financial Year 2015-16 or Assessment Year 2016-17? Here is perfect explanation of Current Income Tax Rate, Income Tax Slab for Current Financial Year 2015-16 and Assessment Year 2016-17.

Income Tax Slab/Income Tax Exception Limit for Current Financial Year 2014-15

Filing Income tax return for FY 2015-16 - Income Tax Slab for Current Financial Year 2016-17
Income Tax Exception Limit

How to Fill Income Tax Return Online? 

To Fill Income Tax Return, you will need following things to fill income tax return.
  1. Link Your Aadhaar Card
  2. Electronic Verification Code(EVC) has been introduced to link Aadhaar Card.
  3. All Bank Account number, Bank Name, IFSC Code to be provided.
You Can download Income Tax Return forms in PDF at this link now. 

Filling Income Tax Return (ITR) is compulsory as mentioned in Black Money Bill, if individual found without filling income tax return will be fined and Jailed for it.

 Note :-
  1. ITR-1 (SAHAJ) & ITR-4S (Sugam) should not be filled by individual who having earning source from outside india.
  2. Income Tax Department of india introduced EVC Code, which will give unique string no to e-document, which will helpful in sending doc to ITR-V to CPC, Bangalore.
  3. Super senior citizen are now onwards not allowed to fill ITR on offline mode.
Last Date to for filing Income Tax Returns is 31st July 2016.


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