ITR Filing: What is the difference between ITR-1 and ITR-4? Which form do employed people have to fill? - Business League
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2 Articles
ITR Filing: What is the difference between ITR-1 and ITR-4? Which form do employed people have to fill? - Business League
The time to file income tax returns is near. CBDT has notified ITR-1 and ITR-4 forms for the financial year 2024-25. ITR-1 form is for those doing jobs and ITR-4 form is for those doing business. The time to file income tax returns is now near. There are 7 types of forms for filing ITR. That is, different forms for different categories of taxpayers. Usually two forms are used the most. ITR-1 form and ITR-4 form. They are also known as Sahaj and …
Tax Filing: A Duty of All – Accountant Log
As tax season approaches, businesses and individuals alike are reminded of the importance of filing their tax returns on time. Failing to do so can lead to penalties and interest charges. This month is a crucial time for filing tax returns in Ghana. The Importance of Filing Tax Returns According to Mr. Victor Akogo, Chief Revenue Officer-Domestic Tax Revenue Division, GRA, filing tax returns on time is a fundamental duty. This helps individuals …
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