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Simplified Guide to Income Tax Returns for Salaried Individuals

Filing income tax returns is an important financial responsibility for salaried employees. As per the Income Tax Act, 1961, ITR filing is mandatory wherein a taxpayer reports his total income in a financial year and net tax liability and claims tax deductions using an ITR form. The ITR filing process has been simplified by the Income Tax Department through its e-filing portal. In this article, we explain how salaried employees can file their income tax returns online. Who should file ITR? Peop ...