Page 8 - Income Tax Filing

New e-filing portal to be mobile friendly, have manuals, videos: I-T Dept

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

ITR filing deadline for FY21 extended to Sept 30 due to Covid

The deadline for issuing Form 16 by employers to employees has been extended by a month till July 15, 2021, the CBDT said

Govt extends FY21 ITR filing deadline for individuals till September 30

The government on Thursday extended the due date of filing income tax returns for 2020-21 for individuals by two months till September 30.

Income Tax Dept to launch new e-filing portal for taxpayers on June 7

The Income Tax Department is expected to launch a new e-filing web portal for taxpayers, which they use to file routine ITRs and perform other tax-related works, early next month, officials said

Bidens paid 25.9% rate and earned $607,336 in 2020, tax returns show

President Joe Biden restored a long-standing presidential tradition by releasing his tax returns, showing that 25.9% of the first couple's income went to the federal government in 2020

Salary income of Indian workers in Gulf exempt from income tax: Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.

PAN, Aadhaar linking deadline ends today, here's how to do it step-by-step

An individual will be levied Rs 1,000 as a fine if the Aadhaar and PAN are not linked after March 31, 2021

Budget proposals will ease taxpayers' burden from April 1, say experts

But changes like taxation of EPF contributions above Rs 2.5 lakh will pinch the wallet

I-T refunds worth over Rs 1.95 trillion issued so far this fiscal

Refunds have been issued to over 19.3 million taxpayers so far this fiscal

Over 47.3 million ITRs filed till December 30 for fiscal 2019-20

The government has extended the deadline for filing ITR till January 10 for individuals

Mistakes you should avoid while filing your income-tax return this year

An incorrect form can render the return defective; under certain circumstances, you may have to file a return even if your income is below the exemption limit

Deadline to file income tax return extended by a month till December 31

For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021

I-T department puts in place safeguard measures for e-assessment

Aims to address fears that the process may lead to a rise in ad hoc additions in demand

ITR scrutiny fell to 0.25% in AY 2018-19 to enable better services: FinMin

State-wise data also the number of returns filed during AY 2018-19 has gone up compared to AY 2017-18.

Compute tax demand for all assessees by August 31, says CBDT chief

Many taxpayers are waiting to file applications under 'Vivad Se Vishwas' scheme, but they are also waiting for correct demand to be intimated to them, says P C Mody

New Form 26AS is faceless hand-holding of taxpayers to e-file returns: CBDT

Taxpayers will see an improved Form 26AS carrying some additional details on taxpayers' financial transactions as specified in the statement of financial transactions (SFTs) in various categories

In pictures: All updates on Income Tax deadlines, exemptions, GST fine

Here are the eight major announcements by the govt in the recent past

Here is how to file Income Tax Returns for AY 2020-21: Step by step guide

The department has released the ITR-1 utility (e-form) on its e-filing website available in Excel and Java formats

CBDT notifies income tax returns forms for 2019-20: Find all the details

The dept has revised the I-T return forms for the financial year 2019-20 to allow assessees to avail benefits of various timeline extension granted by the government following the Covid-19 outbreak

10 ways to plan your finances right during the coronavirus crisis

Here's how to protect your finances during these difficult times and work on your short- and long-term financial goals efficiently