What is Income tax form 2020-21 pdf?
The Income tax form 2020-21 pdf is a document used by taxpayers to file their income tax returns for the financial year 2020-21. It contains various sections where taxpayers need to provide details of their income, deductions, and taxes paid.
What are the types of Income tax form 2020-21 pdf?
There are different types of Income tax forms for the financial year 2020-21, depending on the taxpayer's sources of income and the nature of their income. The most common types include Form ITR-1, Form ITR-2, Form ITR-3, Form ITR-4, and Form ITR-5.
Form ITR-For individuals having income from salaries, one house property, and other sources.
Form ITR-For individuals and HUFs not having income from profits and gains from business or profession.
Form ITR-For individuals and HUFs having income from profits and gains from business or profession.
Form ITR-For individuals and HUFs having presumptive income from business or profession.
Form ITR-For persons other than individual, HUF, company, and person filing Form ITR-7.
How to complete Income tax form 2020-21 pdf
Completing the Income tax form 2020-21 pdf is a straightforward process that can be broken down into simple steps. Here's how you can fill out the form:
01
Gather all necessary financial documents, such as income statements, TDS certificates, and investment proofs.
02
Enter your personal details in the designated sections of the form, including your name, address, PAN, and contact information.
03
Provide details of your income from various sources and calculate deductions and exemptions applicable to you.
04
Fill in the tax payable details and ensure all calculations are accurate.
05
Review the form for any errors or missing information before submitting it.
06
Once you are satisfied with the information provided, verify the form and file it electronically to complete the process.
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