Saturday, August 2, 2014

Income Tax : - Which ITR should I File, Proper Selection of ITR Form

You already know that you have to file taxes, but do you know which Tax Form you need? 

If the answer to that question is “no”, don’t worry because that’s the answer most people have. Even if you’ve been filing your taxes for many years, you may need to use a different form depending on your sources of income. And this may even change every year. Keeping track of this is difficult and often people make mistakes because of this.

ClearTax (http://cleartax.in) has created a very simple picture that helps you understand which ITR applies to you for filing your taxes.

A quick guide to the various ITRs

ITR forms

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