BUSINESS

ITR e-filing FY 2024-25: What is the benefit of pre-filled ITR forms on the income tax portal? Top points

Income Tax Return Filing FY 2024-25: The Income Tax Department is enhancing ITR filing for FY 2024-25 to improve accuracy and reduce taxpayer burden. Pre-filled forms may include more data like capital gains and deductions, sourced from brokers, depositories, and employers. This aims to minimize errors, ensure full income disclosure, and reduce litigation by addressing mismatches early.

TIMES OF INDIA
2 weeks ago
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