ilmscore | File Salary ITR 1 in 10 mins | 2025 | CA Rachana Ranade

File Salary ITR 1 in 10 mins | 2025 | CA Rachana Ranade

Published: 2025-07-11
Status: Available | Analyzed

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 2
Pending: 0
Unrated: 0
Prediction
Topic
Status
Individuals investing in virtual digital assets (like cryptocurrencies) and making gains from them must file ITR2, not ITR1.
"if you're investing in cryptos you are and let's say there was a transaction he bought few crypto tokens he sold them he got some gains out of that such a person is not allowed to file ITR1 such a person is required to file ITR2 okay"
BTC
Pending
The new tax regime is expected to be more beneficial for 80-90% of taxpayers.
"But ideally 80 90% cases new tax regime will be much more beneficial. Okay."
Income Tax
Incorrect
The tax-free limit for income tax returns will increase from 7 lakhs to 12 lakhs in the next financial year (likely 2025-2026).
"Now for the financial year that we are filing the income tax return for uh taxfree limit is 7 lakhs. Okay. But I am sure everyone knows from next financial year it's going to be 12 lakh. Right?"
Income Tax
Incorrect