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  Which Person or Authority is Liable For Income Tax? The  companies and firms  are necessarily needed to file an income tax return (ITR). Whatever person, HUF, AOP, BOI must file ITR if the income exceeds the basic exemption limit of Rs 2.5 lakh. This limit is different for senior citizens (Rs 3 lakhs) and upper senior citizens (Rs 5 lakh). Online Legal India can help your income tax return online. What is The Procedure to Get Income Tax Returns? PAN card needed and after filled ITR1 and ITR 4 online. You can get the ITR form number. Income tax return filing is now effortless. When does Income Tax Refund an Income? The income tax refund amount varies from the extra tax you paid and is thus not decided as an income. Hence, it  is not taxable . Anyway, the interest received over the income tax refund is considered an income and subject to income tax as per the applicable tax slab. How to file ITR online for a salaried person need to know.

  The Income Tax Slabs and Rates Present in FY 2020-21 The income tax is a special kind of tax that a person is bound to submit to the Income Tax Department for a particular financial year . The benefit that can be gained from the Government of India is now the IT return filing can be done online. The Income Tax Slab   The Indian Income Tax Department levies tax on individual taxpayers on the basis of the slab system after ITR filing online . The different tax rates and slabs are stipulated for the income of different groups of people. The special point about the income tax slab is the income tax slab changes with every budget. The income tax slab is also separate for different kinds of taxpayers.  The Income Tax categorises three kinds of Income Taxpayers: The resident and non-resident individuals whose age is less than 60 years. The resident senior citizens whose age is between 60 to 80 years. The resident super senior citizens whose age is more than 80 years. These are the income

  What Is The New Revised Tax Return Deadline for August 2021? Do income tax return easily with the help of Online Legal India. Tax Audit Report in the procedure of Transfer value which is under Section 92E and last date has been expanded to   November 30, 2021 . Income Tax Return of person deadline has been enlarged to November 30, 2021. Tax Audit Report filing the extreme date is October 31, 2021.  It is necessary to file the income tax returns online for every   the registered taxpayer whose taxable income . Whatever paper returns can be put in place by those who are above 80 years of age and do not have any income from methodical business or profession. When Income Tax is Free? Discount of up to Rs 12,500 is obtainable under section 87A under both tax authorities. Thus, no income tax is outstanding for total  taxable income up to Rs 5 lakh  in both organizations. IT return filing is now hassle-free. What is The Process of a Beginner File a Tax Return? You can also go neck and