Quick Summary
The Income Tax Department has recently launched an updated Excel-based utility for filing Income Tax Returns (ITR). Covering a spectrum from ITR-1 to ITR-7, this utility is designed to cater to the diverse filing needs of taxpayers for the Financial Year 2022-23, corresponding to the Assessment Year 2023-24. ITR 1 For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Int
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FAQ :
The Income Tax Department has released an updated Excel-based utility for filing Income Tax Returns (ITR).
The new utility covers ITR-1 through ITR-7, catering to various taxpayer categories.
This utility is for the Financial Year 2022-23, corresponding to the Assessment Year 2023-24.
The latest version of the utility was released on 01-Jan-2024.
The updated utility is designed to enhance the tax filing experience, making it more transparent and straightforward for taxpayers.
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