Income Tax Return Form 2015-16

What is income tax return form 2015-16?

The income tax return form 2015-16 is a document that individuals and businesses need to fill out and submit to the tax authorities to report their income and pay their taxes for the financial year 2015-16. It is a crucial form for ensuring compliance with the tax laws and fulfilling tax obligations.

What are the types of income tax return form 2015-16?

There are different types of income tax return forms for individuals and businesses for the financial year 2015-16. The types of forms vary based on the source and nature of income, such as ITR-1 for individuals with salary income, ITR-2 for individuals with income from house property or capital gains, ITR-3 for business owners, and so on. It is important to select the appropriate form based on your income sources to accurately report your earnings and claim deductions.

ITR-For individuals with salary income
ITR-For individuals with income from house property or capital gains
ITR-For business owners

How to complete income tax return form 2015-16

Completing the income tax return form 2015-16 requires attention to detail and accurate information. Here are the steps to complete the form:

01
Gather all relevant financial documents, including income statements, expense records, and investment details.
02
Carefully review the instructions provided with the form to understand the requirements and sections to be filled.
03
Enter your personal and financial information accurately in the designated sections.
04
Report your income from different sources and calculate the tax payable based on the applicable tax rates.
05
Claim deductions and exemptions as per the tax laws to reduce your taxable income.
06
Review the form for any errors or missing information before submitting.
07
Submit the completed form to the tax authorities within the specified deadline.
08
Keep a copy of the filed form and supporting documents for future reference.

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Video Tutorial How to Fill Out income tax return form 2015-16

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Questions & answers

Taxpayers can call 800-908-9946 to request a transcript by phone. Transcripts requested by phone will be mailed to the taxpayer. By mail. Taxpayers can complete and send either Form 4506-T or Form 4506-T-EZ to the IRS to get one by mail.
Taxpayers can call 800-908-9946 to request a transcript by phone. Transcripts requested by phone will be mailed to the taxpayer. By mail. Taxpayers can complete and send either Form 4506-T or Form 4506-T-EZ to the IRS to get one by mail.
You will have 90 days to file your past due tax return or file a petition in Tax Court.
More In Tax Pros Year Round Filing – Returns filed through MeF can be submitted year round. Prior Year Returns – MeF allows filing of prior year 1040 returns.
You can still file 2015 tax returns Even though the deadline has passed, you can file your 2015 taxes online in a few simple steps. Our online income tax software uses the 2015 IRS tax code, calculations, and forms. File late taxes today with our Maximum Refund Guarantee.
The Internal Revenue Service (IRS) can provide you with copies of your tax return from the most recent seven tax years. You can request copies by preparing Form 4506 and attaching payment of $43 for each one. Once the IRS receives your request, it can take up to 60 days for the agency to process it.