# filing process
5 posts in `filing process` tag
Revised Tax Return meaning filing process
For better understanding, If any individual had filed his/her income tax returns in the assessment year of 2020-21 but later that individual gets to know that s/he had made mistakes in the process of filing income tax returns.
Managing Late Filing Penalties: Paying While Filing Belated Tax Returns
Keep in mind that when filing late, there is a penalty as per Section 234F of the Income Tax Act, 1961. Additionally, you won't be able to carry forward losses from different sources of income, except for losses from house property, when submitting a belated ITR.
Income Tax Rules: Update on Maximum Allowable Amount for Gold Jewelry Storage Limit
However, the tax law says that If you have received gold as a gift or inheritance, it is necessary to provide supporting documentation and include this information in your income tax return.
File Your Income Tax Return With MYITRONLINE & Get Maximum Refunds
Filing ITR is a good convention and practice for any earning individual (with taxable/non-taxable income) to avail of these benefits under diverse sections.
Gujarat AAR No GST Exemption On Accommodation To Pilgrims Outside Religious Places By Charitable Trust
A charitable trust providing accommodation to pilgrims visiting Ambaji Temple in a building outside the religious place's boundary will not get GST exemption, rules Gujarat’s Authority for Advance Rulings (GAAR).