WebNov 3, 2024 · There are two ways one can access the iTax portal: Visit the itax.kra.go.ke NIL returns online portal directly. Alternatively, go to the official KRA website and click "File … WebApr 10, 2024 · Whereas in GSTR-3B, filing is completed only after paying the outstanding tax. Even in the case of no tax liability, the assessee has to file a nil return. Penalties: A penalty of Rs 200/day is levied on the assessee for filling GSTR-1 after the due date. For nil GSTR-3B return, the penalty is Rs 20/day post the due date and Rs 50/day in case ...
File income tax itr and gst return by Carupinderkaur Fiverr
WebJun 3, 2024 · A person earning an income less than Rs. 2.5 lakh in the financial year, usually has this notion that he need not file the income tax return. However, it should be noted … Federal income tax withholding can be 0% or ... who purchase and use H&R Block … Small business tax prep File yourself or with a small business certified tax … H&R Block is here to help with tax filing information that can help military men … By authorizing H&R Block to e-file your tax return, or by taking the completed return … Income tax is a pay-as-you-go system. If you’re an employee, you pay federal … floods in towyn north wales
What Is a Nil Return: When Should You File Nil ITR? - Tax2win
WebSome of the benefits of filing ITR, more specifically, NIL returns are listed below: 1. Income tax returns may be asked for when applying for a visa. 2. Passport applications accept ITR/Assessment Order as a valid proof of address. 3. Loan applications require ITR copies as supporting evidence to ascertain eligibility. WebFeb 7, 2024 · Step 5: Fill The Income Tax – Resident Individual Nil e-Return Form In this part, you select the return period. Since we are filing KRA Nil Returns for the previous year 2024, our return period will start from 01/01/2024 to 31/12/2024. The return period to automatically auto-fills by itself. Click on the submit button to proceed. WebMar 11, 2024 · A penalty of Rs.5000 is attracted on failure to file an income tax return if the return remains due on 31st July and is filed before 31st December and a penalty of Rs.10, 000 is attracted if the income tax return is filed after 31st December. Where the annual income is not exceeding Rs.5 lakhs then the penalty for late filing income tax return ... great motorcycle roads uk