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Vivek

Vivek Lala  |305 Answers  |Ask -

Tax, MF Expert - Answered on Mar 09, 2024

Vivek Lala has been working as a tax planner since 2018. His expertise lies in making personalised tax budgets and tax forecasts for individuals. As a tax advisor, he takes pride in simplifying tax complications for his clients using simple, easy-to-understand language.
Lala cleared his chartered accountancy exam in 2018 and completed his articleship with Chaturvedi and Shah. ... more
Asked by Anonymous - Mar 08, 2024Hindi
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Hello Vivek, first of all thanks for your valuable inputs in this column. last year my total income through salary, FD interest & shares was around 10 lacs. I haven't filled ITR even once ( experience of 15 years but salary was quite low so just skipped it). Now this year my total income has exceeded 12 lacs & plan to file ITR in coming June, so please advise can i file it only for current year or will have to compulsorily file it for last year/s as well? Thanks again.

Ans: Hello, you can start filing from this year itself which is AY 24-25
And please make sure to pay advance tax before 15th march on capital gains to avoid any interest of tax payable
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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