How To File Income Tax Return For Salaried Employee 2018 In Pakistan,
How can I fill my 2018/19 tax return online?
The newly proposed law will give taxpayers two years from the end of the relevant assessment year to file their correct updated ITR if he/she has missed an opportunity to file their revised return.01-Feb-2022
What is e-filing of return?
As you can see that you can file your previous years return in the current year and for filing of previous year's income tax return, you have to pay penalty or interest. If there is no tax liability on you then you can file your previous years return without paying penalty or interest.
Do salaried employees need to file tax return?
E-filing is the short form of electronic filing of income taxes. E-filing is when you electronically file your income tax returns online for a particular year. This means you no longer need to visit the nearest Income Tax Department's office to file your returns physically.
Can I file ITR for 2018/19 now?
When a Salaried Employee is supposed to file ITR? Individuals who earn taxable income or income that is above the exemption limit, it is mandatory for them to file Income Tax Return in India. For Financial Year 2018-19 the exemption limit is Rs. 2.5 Lakh and for the Financial Year 2019-20, the exemption limit is Rs.
How do I file a tax return for a salary employee?
The taxpayers can file a belated return until the end of the assessment year or completion of the assessment, whichever is earlier. For example, for the AY 2019-20 (corresponding to FY 2018-19), a belated return can be filed until 31 March 2020.13-Jan-2022
How do I file a salaried employee for income tax 2018 19?
Go to the income tax department's ITR filing website and log in with user ID and password. Go to “E-File” and select the ITR form and assessment year. Fill in the details of the income from Form 16 like salary break-up details, tax payments, deductions, etc. Re-check all the details and upload the form.23-Jun-2020
How can a salaried employee file income tax return in Pakistan?
To facilitate salaried person in filing their Income Tax Return, Declaration form 114(I) has been provided. Salaried person would need to complete the Declaration form 114(I) in order to successfully submit their Income Tax Return.