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Income Tax Filing Exemption: These People Don’t Need to File ITR, Know the Rules and Eligibility

As the new financial year rolls in, the season for Income Tax Return (ITR) filing has officially begun. While most salaried individuals and business owners are busy calculating their taxes, not ...
Mint

Seniors over 75 should declare pension, interest income for ITR filing exemption

Form 12BBA is as exhaustive as an ITR form. That said, the move is still a major compliance relief to senior taxpayers. (Photo: Mint) NEW DELHI: For senior citizens of 75 years and above looking for ...
The Financial Express

ITR filing: Senior citizens need to submit these forms to save TDS – Check details

In the Finance Act, 2021, Section 194P was introduced. With this, a senior citizen can file the tax return themselves or would deduct tax on their behalf and deposit it to the Income Tax Department.