#incometax

The document is a comprehensive reference guide on limitation periods and statutory compliance timelines prescribed under various provisions of the Income-tax Act and the Income-tax Rules. It consolidates due dates for filing applications, returns, audit reports, declarations, certificates, statements, tax payments, appeals, assessments, reassessments, rectification proceedings, search and seizure actions, charitable trust registrations, approvals, transfer pricing compliances, TDS obligations, and other procedural requirements. The compilation specifies the relevant statutory provision, the nature of compliance, and the applicable time limit for taxpayers, tax authorities, trusts, institutions, companies, investment funds, charitable entities, and other stakeholders. It also covers timelines for issuance of notices, passing of assessment and reassessment orders, appeals, rectification, and various compliance forms under the Income-tax Act. The document serves as a ready reckoner for ensuring timely compliance with statutory obligations and avoiding procedural defaults arising from missed limitation periods.

Filing your Income Tax Return doesn't have to be complicated.

With TaxAItion, simply upload your Form 16 and let AI handle the rest. From reviewing your tax details to performing intelligent compliance checks and preparing an accurate ITR, our platform makes tax filing faster, simpler, and more reliable.

Designed for salaried taxpayers, TaxAItion helps reduce manual effort while ensuring a smooth and secure filing experience. Spend less time on paperwork and more time on what matters, knowing your return is prepared with precision.

Every filing season, the same scene plays out across India.

You sit down to file your return, open the income tax portal, and hit the very first wall: ITR-1, ITR-2, ITR-3 or ITR-4?

So you Google it. And you find a maze of eligibility tables — income thresholds, capital gains exceptions, presumptive taxation clauses, "resident but not ordinarily resident" footnotes. Twenty minutes later, you're less sure than when you started.

Here's the thing: picking the wrong form isn't a small mistake. A return filed on the wrong ITR can be treated as defective, which means notices, re-filing, and delayed refunds. All because of a choice you had to make before you even entered a single number.

We built a simpler way

At TaxAItion, we just launched a free tool that answers this question the way you'd actually ask it — in plain language, in a chat:

👉 taxaition.com/which-itr

You just tell the AI your situation, in your own words:

"I only have salary income"

"I sold some shares this year"

"I freelance on the side"

"I have rental income from 2 houses"

And it tells you exactly which ITR form fits your income profile — instantly.

No login. No sign-up. No payment. No jargon. Just the answer to the question you actually have.

Why we made it free

Because form selection shouldn't be a paywall or a puzzle. It's the front door of tax compliance, and we believe it should be open to everyone.

And once you know your form? If you'd like, TaxAItion can take you the rest of the way — our AI-powered platform files your ITR in minutes, runs 62+ CBDT compliance checks on your return, and gives you access to real-time CA support if you ever get stuck.

But even if you file elsewhere, use the tool. Share it with that friend who texts you "bro which ITR" every July. It takes 30 seconds and could save them a defective-return notice.

Try it now

🔗 taxaition.com/which-itr — free, no login required.

TaxAItion — where intelligence files your return.

Yes—you can! But only if you meet the Income Tax Department's conditions.

Many salaried individuals are unaware that paying genuine rent to their parents can help them claim House Rent Allowance (HRA) under the old tax regime. However, the arrangement must be legitimate, backed by proper documentation, and the rental income must be reported by your parents in their Income Tax Return. Proper rent agreements, rent receipts, and bank transfers are essential to support your claim.

Our latest blog explains: ✔️ Who is eligible to claim HRA ✔️ Documents required ✔️ Common mistakes to avoid ✔️ Tax implications for parents ✔️ Tips to ensure your claim is compliant

📖 Read the complete guide and make informed tax-saving decisions the right way!

📑 ITR Filing Checklist – Stay Tax Ready!

Avoid last-minute stress by keeping all your Income Tax documents ready before filing your ITR.

✔ Income Details ✔ Tax Saving Investments ✔ TDS Certificates ✔ Bank Statements ✔ Deduction Proofs ✔ Verification Documents

Whether you're an individual, freelancer, or business owner, expert assistance can help you file your return accurately and maximize eligible tax benefits.

अगर आपने कभी सोचा है कि ITR (Income Tax Return) क्या होता है और इसे कैसे बनाया या फाइल किया जाता है, तो यह लेख आपके लिए है।

इस लेख में जानिए: ✔️ ITR क्या है? ✔️ ITR कौन-कौन भर सकता है? ✔️ ITR बनाने के लिए किन दस्तावेज़ों की आवश्यकता होती है? ✔️ ITR फाइल करने की पूरी प्रक्रिया ✔️ ITR भरने के प्रमुख फायदे

चाहे आप नौकरी करते हों, बिज़नेस करते हों या फ्रीलांसर हों, ITR की सही जानकारी आपके वित्तीय भविष्य के लिए बेहद महत्वपूर्ण है।

📖 पूरी जानकारी यहाँ पढ़ें: https://goupdatedaily.com/itr-kya-hota-hai-kaise-banta-hai/

Have you received a Notice Under Section 143(2) from the Income Tax Department?

Don't worry. A Section 143(2) Notice simply means your Income Tax Return has been selected for scrutiny. It does not automatically mean you've done anything wrong.

Our experts can help you with: ✔️ Understanding the notice ✔️ Preparing the required documents ✔️ Drafting an accurate reply ✔️ Filing the response on time ✔️ Complete scrutiny assessment support

Avoid penalties and delays by responding correctly before the due date.