Income Tax Return: prescribed filing to report income, claim refunds and carry forward losses under applicable forms. An Income Tax Return (ITR) is the prescribed form to report a person's income and taxes paid for a financial year; different forms correspond to taxpayer status and income nature. The return enables claiming refunds of excess tax and carrying forward eligible losses. Forms and filing guidance are available on the official income-tax portal.
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Income Tax Return: prescribed filing to report income, claim refunds and carry forward losses under applicable forms.
An Income Tax Return (ITR) is the prescribed form to report a person's income and taxes paid for a financial year; different forms correspond to taxpayer status and income nature. The return enables claiming refunds of excess tax and carrying forward eligible losses. Forms and filing guidance are available on the official income-tax portal.
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