1 / 2

File Income Tax Return for Army Person or Defence Personnel

Loan4fauji provide procedure to file income tax return for defence personnel, army person with all verification process. You can get your Income Tax Return for army person will be filed within 1-2 days from our team of qualified chartered Accountants & same will be intimated to you through SMS & Email.

loan4fauji
Download Presentation

File Income Tax Return for Army Person or Defence Personnel

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. File Income Tax Return for Army Person or Defence Personnel Filing ITR can be a tough task and there are times when taxpayers forget to mention certain details, among these details are your income from other sources. There are incomes that you may forget while filing Income Tax Return for army person, defence personnel, salaried person, and government employees but if the Income Tax Department traces the income that you have not disclosed then there are chances that you will be penalised. Income Tax Return (ITR) filing services for all the Army Person or Defence Personnel. It is a completely online process wherein soldiers don’t need to go anywhere, they just need to upload the required documents and then our team of qualified CA’s will evaluate & file accurate Income Tax Return for Army Person according to the information you provide the earliest. As per the income tax laws, ITR must be mandatorily filed if a resident individual's total income during the financial year exceeds the basic exemption limit. Remember, the basic exemption limit for an individual depends on his age. Which ITR form should I file? The type of ITR ‘ll depend upon your sources of income. ITR has been prescribed for Indian Army personnel. If your income is from Salaries, Other Sources (Interest etc.), and Agricultural Income upto Rs.5 thousand, if you don’t have more than one House Property, and your total income is not more than Rs. 50 lakh, then use ITR-1. Otherwise use ITR -2. Income Tax Return Slab By knowing the income tax slab, our subscribers like Military Personnel i.e. (Indian Army, Indian Navy and Indian Air Force), Paramilitary Personnel(CISF, CRPF, BSF, ITBP, Indian Coast Guard & Assam Rifles) and Ex-servicemen will be able to calculate the total tax they need to pay to the government this financial year 2020-21. www.loan4fauji.com

  2. New Income Tax Slab for FY 2020-21 (AY 2021-22) ANNUAL INCOME NEW TAX RATE FY 2020-2021 OLD TAX RATE FY 2019-2020 Upto Rs 2.5 Lacs Exempted Exempted Rs 2.5 Lacs – Rs 5 Lacs 5% 5% Rs 5 Lacs – Rs 7.5 Lacs 10% 20% Rs 7.5 – Rs 10 Lacs 15% 20% Rs 10 Lacs – Rs 12.5 Lacs 20% 30% Rs 12.5 Lacs – Rs 15 Lacs 25% 30% Above Rs 15 Lacs 30% 30% New Income Tax Slab for Senior Citizens in 2020-21 ANNUAL INCOME NEW TAX RATE FY 2020-2021 OLD TAX RATE FY 2019-2020 Upto Rs 3 Lacs Exempt Exempt Rs 3 Lacs – Rs 5 Lacs 5% 5% Rs 5 Lacs – Rs 7.5 Lacs 10% 20% Rs 7.5 Lacs – Rs 10 Lacs 15% 20% Rs 10 Lacs – Rs 12.5 Lacs 20% 20% Rs 12.5 Lacs – Rs 15 Lacs 25% 30% Above Rs 15 Lacs 30% 30% Hence, we urge army person, defence personnel, salaried person, government employees, para-military soldiers & Ex-servicemen to file an income tax return (ITR) every year & not only file it when you are getting refunds. How to filing income tax return for army person online, file ITR online, ITR Filing, Filing IT Return online income tax website Visit: https://www.loan4fauji.com/file-itr www.loan4fauji.com

More Related