Are you ready to file your income tax return for the year 2022-23 ?
Be an early filer of income tax return and get your tax refund early
The tax filing season has started. The income tax department has released the JSON schema of ITR-1 and ITR-4 for the financial year 2022-23
To whom ITR-1 is applicable ?
For resident individuals having total income up to Rs 50lakhs and who are earning income under the head salary, one house property, other sources and agricultural income upto Rs 5000
To whom ITR-4 is applicable ? Resident Individuals,HUF and Partnership Firms having total income up to Rs 50lakhs and who are earning income from business & professional u/s. 44AD, 44ADA or 44E and agriculture income up to Rs 5000
Sooner the better, be vigilant and get your tax returns filed now.