Instructions for filling FORM No. ITR-7 (to be detached before filing the return) 1. Legal status of instructions These instructions though stated to be non-statutory, may be taken as guidelines for filling the particulars in this Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax […]
Read MoreSAHAJ and SUGAM Forms notified by CBDT are the simplest, technology enabled and taxpayer friendly return forms. These have been designed to facilitate error free and faster digitization. This is expected to curtail processing cycle and expedite issue of refunds. Taxpayers are advised to follow steps enumerated below. SAHAJ and SUGAM forms are colored forms […]
Read MoreThese instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962. 1. Assessment Year for which this Return Form is applicable This Return Form is applicable for assessment year 2011-2012 only, i.e., it relates […]
Read MoreThese instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962. 1. Assessment Year for which this Return Form is applicable This Return Form is applicable for assessment year 2011-2012 only, i.e., it relates […]
Read MoreThese instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962. 1.Assessment Year for which this Return Form is applicable This Return Form is applicable for assessment year 2011-2012 only, i.e., it relates to […]
Read MoreThese instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962. 1. Assessment Year for which this Return Form is applicable This Return Form is applicable for assessment year 2011-2012 only, i.e., it relates […]
Read MoreAssessment Year for which this Return Form is applicable This Return Form is applicable for assessment year 2011-2012 only, i.e., it relates to income earned in Financial Year 2010-11. Who can use this Return Form This Return Form is to be used by an individual or a Hindu Undivided Family whose total income for the […]
Read MoreOne property at the option of the assessee treated as self-occupied and income shall be computed as in the case self-occupied property kept vacant For all other properties self-occupied, income shall be calculated as deemed let out. The assessee can choose an option which will have lower taxable income that may be computed as follows: […]
Read MoreSelf occupied house property or self occupied property kept vacant by the assessee due to employment or carrying on the business or profession in any other place and the assessee occupies any premises not owned by the assessee in the other place
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