Finance Buddy

Mumbai, India – 16th July 2024 – TaxBuddy, a leading provider of expert-assisted Income Tax Return (ITR) filing services, has announced the launch of its special "Filing Mahotsav" campaign. From 13th to 25th July, taxpayers can take advantage of a 25% discount on all assisted ITR filing services, making tax season more manageable and affordable. As the deadline for ITR filing approaches, TaxBuddy aims to ease the stress and complexity associated with tax filing by offering professional assistance at a reduced cost. This limited-time offer is part of \ TaxBuddy's commitment to providing seamless, expert-supported tax solutions to its customers. Key Features of TaxBuddy’s Services: Expert-Assisted Filing: Our team of professionals ensures accurate and efficient tax return filing. No Upfront Payment: Pay only after your ITR is successfully filed. On-Demand Support: Receive timely assistance and support throughout the filing process. Handling Tax Notices: Get help with mana...

The deadline to file income tax return (ITR) for FY 2023-24 (AY 2024-25) is July 31, 2024. This deadline applies to taxpayers such as salaried individuals and self-employed individuals whose accounts are not required to be audited. An individual who misses the deadline can still file an ITR, but it will be termed as belated ITR. The deadline to file belated ITRs is December 31, 2024, for FY 2023-24 (AY 2024-25). Effectively, a taxpayer gets five months (August to December) to file a belated ITR. Most taxpayers know that a penalty is levied for filing a belated ITR. However, late filing has other ramifications as well. Penalty for late filing of ITR First, let us understand the penalty. Under Section 234F of the Income Tax Act, 1961, a penalty of up to Rs 5,000 is levied for filing belated ITR. For small taxpayers, the penalty amount is restricted to Rs 1,000 if the taxable income does not exceed Rs 5 lakh. Penalty is applicable even in cases where belated ITR shows zero tax payable. P...

The deadline to file your income tax returns (ITR) by July 31 is quickly approaching. Taxpayers can pay their taxes online through the e-filing portal, ensuring a seamless and secure process. Several websites are available to assist individuals in navigating this process, offering a range of services from DIY filing to expert assistance. Listed below are some of the platforms that can help in filing your income tax return (ITR), providing features such as pre-filled forms, e-verification options, refund status tracking,and comprehensive support for different types of taxpayers. List of ITR filing websites in India Income Tax Department's e-filing portal | Website: www.incometaxindiaefiling.gov.in The Income Tax Department's official e-filing portal is the most straightforward and secure method to submit your ITR. It provides extensive guidance and a step-by-step process customised for various taxpayer  categories. Noteworthy features include pre-filled forms, options for e-ver...

The deadline to file income tax returns for FY2024 or AY2024-25 is July 31. All taxpayers should file their returns by this date either by online or offline mode. The online mode of filing returns through the e-filing portal is preferred as it doesn't involve standing in long queues. It is a seamless and secure process.  Several websites are dedicated to helping individuals navigate the income tax return (ITR) filing process. These platforms offer a variety of services, ranging from do-it-yourself filing to expert assistance. They provide features like pre-filled forms, e-verification options, refund status tracking, and comprehensive support tailored to different types of taxpayers .  How much tax do I have to pay? Calculate now Here is a list of some of the platforms that can assist you in filing your ITR effectively: Income Tax Department's e-filing portal  (www. incometaxindiaefiling. gov.)  The official e-filing portal of the Income Tax Department, managed by ...