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E-filing or electronic filing is submitting your income tax returns online. There are two ways to file your income tax returns. One is the conventional offline route. The other way is to e-file your return on the internet. Return filing process has been immensely simplified by introducing online income tax return filing. This presentation will show you how you can file your income tax return online(https://www.edelweiss.in/investology/introduction-to-income-tax-c920c6/itr-e-filing-how-to-file-income-tax-return-online---step-by-step-guide-34454d).
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Tax planning can have a significant impact on your finances; planning ahead can help you make better choices. For example, it can be difficult to remember all the expenses you have during the year that qualify for tax deductions and credits.
The Expatriate Tax Return rules of the U.S. government is unequivocal in the fact that all citizens of the U.S. have to file their tax returns, whether they are living in the United States of America or in a foreign nation.
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While consumption taxes are increasingly being levied in Asia (Australia and Singapore are two recent examples), electronic purchasing does not confer the same tax advantages that it does in the US.
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The Term “Income tax” refers to the type of tax that the government imposed on income earned by the person (defined in the Income Tax Act, 1961) during the previous year & such income is to be assessed in the Assessment year
The Term “Income tax” refers to the type of tax that the government imposed on income earned by the person (defined in the Income Tax Act, 1961) during the previous year & such income is to be assessed in the Assessment year.
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