Income Tax Return ITR Filing: Direct Link, Latest Income Tax Exemptions

 







Income Tax Return or ITR filing is a crucial task for taxpayers. Income tax Return filing is a very easy process. ITR filing can be via both off line and online. I-T Department has a dedicated portal for income tax return e filing. Meanwhile, the Union Ministry of Finance in June announced income tax exemption and extension in timelines of compliances
Income Tax Return ITR E-Filing Direct Link
There is a direct link for the e-filing of Income Tax Return. It is the official portal of Income Tax India.
You need to visit – www.incometaxindiaefiling.gov.in to file income tax return.
Taxpayers can file ITR, verify income tax return, link Aadhaar with PAN, know Aadhaar-PAN link status, e-pay tax, track status of e-filed Income Tax Return status, know tax deductors across India etc.
Income Tax Exemption List
The Ministry of Finance has announced Income Tax Concession for payment towards the Covid treatment or death.
The Ministry of Finance has provided income-tax exemption to the amount received by a taxpayer from employer or from any person for medical treatment of Covid-19 during Financial Year of 2019-20 and subsequent years.
The central government has also provided income-tax exemption to ex-gratia payment received by family members from the employer of the deceased or from other person on the death due to Covid-19 during FY 2019-20 and subsequent years.
It must be noted that ex gratia payment from any other person is to be restricted to Rs 10 lakh.






Join Our Telegram Channel for more updates:https://t.me/praveengst

Comments

Popular posts from this blog

Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations

Seven key things to know before filing income tax return (ITR) for FY21

Income Tax Return or ITR for FY20 Can Be Filed Till May 31