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Income tax return

Praveet (Accountant) (480 Points)

26 November 2016

ek pvt.employee monthly 18000/- salary withdraw karata hai, ek lic policy le rakhi hai jisaki salana premium 7562/- hai,or ek UTI Mutual fund me monthly 1000/- invest karata hai, ek lic policy apani wife ki le rakhi hai jiski salana premiam 8000/- hai, last year (14-15) bank me opening balance (01-04-14) 5862/- years ke doran bank interest 480/- mila 31-03-15 ko bank balance 2,00480/- First time A/Y 15-16 ke lia income tax return lagana chahata hai.plz tell me required documents list and computation income tax With Format.

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4 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177824 Points)
Replied 26 November 2016

"First time A/Y 15-16 ke lia income tax return lagana chahata hai.plz tell me required documents list and computation income tax With Format."

Aap IT return mat lagao, magar ITR 1 Bharo.

Whatever details you have given here is to be filled in requred form. No tax liability seen.

Take help of any Tax Return Preparer, it will be useful.

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Praveet (Accountant) (480 Points)
Replied 26 November 2016

WHAT IS DIFFERENCE BETWEEN INCOME TAX RETURN AND ITR-1 PLZ TELL ME.

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (177824 Points)
Replied 26 November 2016

ITR is short form of Income Tax Return only. And there are different types of forms for different catagories, while for you simplest form ITR1 is applicable.