The ITR for AY 2016-17 (ie., FY 2015-16) should be filed on or before 31.03.2018.
Income Tax Return is a document you file with the Internal Revenue Service or the state tax board reporting your income, profits and losses of your business and other deductions as well as details about your tax refund or tax liability.
File Income Tax Return free with LegalRaasta software or Tax expert. Form 16 upload, e-filing, ITR1,2,3,4,4S. Salary, HP, capital gain & presumptive option.
Dear Vikram,
As per your statement your salary is Rs. 7,60,000 & U/S 80C of schedule VI A deduction will be 1,50,000. & you will also have option to take Rs.5000 u/s 80D.
Calculation- 7,60,000-1,50,000-5,000= 6,05,000
Now, tax on 6,05,000 is 46,000 & your TDS is 70,000 so total tax saving is 24,000.
I know you have ask this question for entertainment but if you really want to ask any question then please let me know.
Vikram,
The details you have provided is so brief, that if you were to Google this question as it is... even then you would get a relevant answer.
YA YOU CAN FILE
CAclubindia
