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8 STUPID MISTAKES to avoid while filing TAX return


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Amithkumar
Remember
by Amithkumar on Jul 02, 2012 04:47 PM

Most of the people dont know that ITR form 1 can be used for filing IT returns who are having one property. people mostly confuse with ITR form 2.

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AswathaKumar K
PAN
by AswathaKumar K on Jun 30, 2012 04:45 PM  | Hide replies

I Think there is no TAN, it must be PAN.. permanent Account Number..

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Sudershan Shukla
8 STUPID MISTAKES to avoid while filing TAX return
by Sudershan Shukla on Jun 28, 2012 07:25 PM

Stupid comment by rishi.

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Nirjhar Pal
pay more
by Nirjhar Pal on Jun 28, 2012 06:40 PM  | Hide replies

while filing tax i came to see that i have to pay another amount of Rs 1, what to do in this situation..? shall i pay the amount myself or simply e - file the tax...????

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Surajit Dash
Re: pay more
by Surajit Dash on Jun 28, 2012 06:52 PM
Simply File the return. Re.1 will be written off by authorities next year.

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mohit gupta
Re: pay more
by mohit gupta on Jun 28, 2012 09:00 PM
less than Rs. 100, there is no need. Only file return

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SANJEEV KOUL
Chossing right ITR form
by SANJEEV KOUL on Jun 28, 2012 06:40 PM

If a person is serving in a private company and has tax liability on short term capital gain from transaction of share .which ITR form will be suitable for filling?

Rgds - Sanjeev

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Jagjit Ahuja
FORM TO BE USED -RENTAL PLUS INTEREST INCOME
by Jagjit Ahuja on Jun 28, 2012 06:39 PM

If one has rental income from property plus interest from deposits , which Form will be used as ITR 1 is silent on rental income .

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ravinder khatana
Can anyone clear
by ravinder khatana on Jun 28, 2012 04:55 PM  | Hide replies

Sorry I don't have much detail about ITR 2/3/4, its only for Hindu families? what about other religion?

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vinay
Re: Can anyone clear
by vinay on Jun 30, 2012 01:50 AM
dont mix religion in huf category. its individuals also in the criteria.

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amith chauhan
ITR
by amith chauhan on Jun 28, 2012 02:28 PM  | Hide replies

If someone dont file ITR what happens in this case?

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Mahesh Naik
Re: ITR
by Mahesh Naik on Jun 28, 2012 02:34 PM
If your income is not taxable then no issues. However, if it is taxable then a fine of Rs. 5000 and/or imprisonment penalty @ 1% p.m. on tax to be paid

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