Don’t miss the latest developments in business and finance.

I-T Returns

Interim Budget: FM Sitharaman said that the average processing time of returns has been reduced from 93 days in the year 2013-14 to 10 days this year

Updated On: 01 Feb 2024 | 1:23 PM IST

CBDT chief says there's no reason to provide differential treatment for filing I-T returns

Updated On: 03 Feb 2023 | 11:32 PM IST

Taxpayers filing ITR-U, which can be filed within 2 years of the end of the relevant assessment year, will have to give reasons for updating the income

Updated On: 02 May 2022 | 12:45 AM IST

This is at least 3.3x times the current pace of daily returns filed

Updated On: 08 Dec 2021 | 1:18 AM IST

Over 2.38 crore income tax returns have been filed for 2020-21 fiscal so far, the I-T department said on Tuesday

Updated On: 09 Nov 2021 | 10:51 PM IST

Do so once the glitches on the new tax portal have been ironed out

Updated On: 06 Aug 2021 | 6:08 AM IST

Steeper TDS, TCS rates will apply from July 1 as new tax provisions kick in

Updated On: 24 Jun 2021 | 6:10 AM IST

The deadline for submission of the representations is June 18

Updated On: 17 Jun 2021 | 12:14 AM IST

Be doubly cautious if filing via a mobile app

Updated On: 02 Jun 2021 | 6:10 AM IST

The Income Tax Department on Saturday said it will launch on June 7 its new portal e-filing 2.0, which will be mobile friendly, have pre-filled ITR form and simplified utility

Updated On: 29 May 2021 | 9:58 PM IST

Taxpayers now need to provide quarterly break-up of dividend income earned

Updated On: 06 Apr 2021 | 6:10 AM IST

In case of an error, file a revised TDS return under Section 154(1)

Updated On: 03 Mar 2021 | 6:10 AM IST

In view of the pandemic, the government had extended the deadline for filing returns multiple times in the past

Updated On: 10 Jan 2021 | 11:10 PM IST

Stay tuned for more latest news LIVE updates

Updated On: 25 Dec 2020 | 9:01 PM IST

Refunds get blocked, losses aren't carried forward, and you could face a penalty

Updated On: 09 Oct 2020 | 12:51 AM IST

In an I-T survey, tax officers visit business premises of the taxpayer to gather information by way of examination of books of accounts, data stored electronically and also access email communication

Updated On: 13 Aug 2020 | 5:08 PM IST

Among large states, the lowest rate of filing was seen in Bihar at 5 per cent, followed by UP at 8.11 per cent - much below the national average of 12 per cent

Updated On: 06 Aug 2020 | 1:02 AM IST

The time limit to file GSTR-4 annual returns for the FY 2019-20 by the composition dealers had been extended till July 15, 2020 on April 3, 2020

Updated On: 07 Jul 2020 | 11:16 PM IST

Once the revised forms are notified, it will further necessitate the consequential changes in the software and return filing utility

Updated On: 19 Apr 2020 | 5:29 PM IST

This brings its tax treatment on a par with the Prime Minister National Relief Fund.

Updated On: 01 Apr 2020 | 2:19 AM IST