INCOME TAX RETURN FILING

The Income Tax Return forms do not require any particular documents to be attached. However, it is advisable to keep certain documents handy like Form 16, Profit & Loss Accounts, Balance sheet, investment evidence, etc. Such details are to be entered in the ITR forms.

Form ITR  can be submitted to the Income Dax Department in multiple method:

  1. The return can be filed in paper form.
  2. The return can be filed online using a digital signature of the taxpayer.
  3. The return can be filed online using electronic verification code.
  4. The return can be filed online followed by submission of ITR-V by post.

Income Tax Return is the form in which assessee files information about his Income and tax thereon to Income Tax Return. Various forms are ITR 1, ITR 2, ITR3, ITR 4, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses.