Income Tax Filing
An income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction. By law, taxpayers must file an income tax return annually to determine their tax obligations. Income taxes are a source of revenue for governments. They are used to fund public services, pay government obligations, and provide goods for citizens.
Who can file Income Tax Returns (ITR) with TaxBazaar ?
- Individuals having Income from Capital Gains (mutual funds & stocks), House Property, FD, Interest etc.
- Individuals who only have Salary income can file with or without Form-16.
- Individuals who have switched jobs during the financial year can file (Multiple Form-16).
- Individuals having Foreign Income (Onsite deputation), Foreign Assets, NRI.
