MANAGEMENT

BUISENESS MANAGEMENT

TAXES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How can you file your taxes?
A
Through the school
B
Through your church
C
Through a tax agent or online.
D
Through your doctor
Explanation: 

Detailed explanation-1: -Log on to the Income Tax Department portal (www.incometaxindiaefiling.gov.in) for filing returns online. Register using your Permanent Account Number (PAN), which will serve as the user ID. Under ‘Download’, go to e-filing under the relevant assessment year and select the appropriate Income Tax Return (ITR) form.

Detailed explanation-2: -Now, log in to the income tax e-filing portal and click on the ‘e-File’ tab to select the ‘Income Tax Return’ option. Provide the necessary details such as PAN, assessment year, ITR form number, and the submission mode.

Detailed explanation-3: -A tax agent is more concerned with your compliance with tax law, and will give you advice about it when you need. They’ll also file your statements and represent you to the tax commissioner. An accountant, on the other hand, is your strategist. Their business is helping you pay less tax.

There is 1 question to complete.