Page 2 - I-t Returns

Mind the changes when filing I-T returns; here is how it may impact you

If you miss the July 31 deadline, there is a late filing fee of up to Rs 10,000. Also, you cannot file returns beyond March 31, 2019

Aadhaar necessary to file I-T returns: Madras HC rejects exemption plea

Madras HC mandates linkage of Aadhaar with I-T returns, rejects plea seeking exemption

A zero-cost incentive to file I-T returns early

A promise that assessment of taxpayers filing returns by July 15 will be done by Dec 31 will help

Over 683,000 firms with PAN didn't file I-T returns in FY17: Gangwar

Delhi tops, with over 144,000 such firms, Mumbai comes next with 94,155

All I-T returns must be filed by March-end of assessment year

If the income exceeds Rs 5 lakh, a fee of Rs 5,000 shall be payable

Individual e-filing of I-T returns likely from mid-April

Last year, the e-filing commenced on July 1 as there was delay in finalisation of the ITR forms