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Income Tax Return (ITR) Filing
Lessons
In India, in order to maintain tax compliance, anyone making more than Rs 2,50,000 annually is required to register their income taxes. A person should still file their taxes and indicate that they have no taxable income, even if they have no income at all. Taxpayers are required to declare all of their income when submitting their taxes. It could come from a job, the sale of capital assets like stocks and real estate, or from other sources. Step 1: Visit the income tax department portal (https://www.incometax.gov.in/iec/foportal/) Step 2: On the homepage click “Register” on the top right-hand side of the page. Step 3: Enter PAN and click on ‘validate’. Select ‘Yes’ if you are filing as an individual and click on ‘Continue’. Step 4: Enter basic details such as first name, middle name, and last name. And select gender and residential status. Step 5: To complete the registration process, fill in the following details:
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