ilmscore | File Salary ITR in 10 mins | CA Rachana Ranade

File Salary ITR in 10 mins | CA Rachana Ranade

Published: 2024-06-07
Status: Available | Analyzed

Predictions from this Video

Total: 7
Correct: 0
Incorrect: 0
Pending: 7
Unrated: 0
Prediction
Topic
Status
The government is recommending the new tax regime as the default option.
"default is no so ideally government is saying go ahead with new tax regime only"
New Tax Regime
Pending
A challenge focused on legally saving taxes will be conducted.
"this time we are going to have a challenge which will be about saving taxes legally. Very important."
Tax Savings Challenge
Pending
It is possible to file ITR1 in approximately 10 minutes.
"Today in our video we're going to understand how to file this ITR1 in about 10 minutes"
ITR Filing
Pending
E-verification is a critical final step for a valid income tax return; without it, the return is considered incomplete and invalid.
"why because if you don't e-verify it's as good as you have not signed it it's as good as incomplete your return will not be considered as valid"
E-verification
Pending
It is possible to file ITR1 in approximately 10 minutes.
"Today in our video we're going to understand how to file this ITR1 in about 10 minutes"
Tax Filing
Pending
Opting for the new tax regime can result in a tax saving of 54,600 compared to the old tax regime, based on an assumed income of 20 lakhs and deductions of 2 lakhs.
"as for old tax regime would be 3,66,600 as for new tax regime it will be 3,12,000 only and that is why if you go for new tax it'll be a saving of 54,600"
Tax Regime Choice
Pending
Failure to e-verify an income tax return will render it invalid and incomplete.
"if you don't e-verify it's as good as you have not signed it it's as good as incomplete your return will not be considered as valid"
Income Tax Return Filing
Pending