Business Standard

Page 2 - Itr Forms

Common ITR form will make tax-filing easier, reduce time taken, say experts

Its success, however, will hinge on the quality of online utilities launched along with it

Common ITR form will make tax-filing easier, reduce time taken, say experts
Updated On : 02 Nov 2022 | 3:21 PM IST

Check ITR for discrepancies before responding to notice from tax dept

Respond on time, with expert help if required, to prevent further punitive measures

Check ITR for discrepancies before responding to notice from tax dept
Updated On : 27 Sep 2022 | 5:53 PM IST

ITR 2021-22: Top 5 benefits of filing ITR before the July 31 deadline

ITR is generally filed to claim the tax deductions and exemptions from the long-term capital gains, however, the benefits of filing the ITR 2021-22 before July 31 are not limited to this

ITR 2021-22: Top 5 benefits of filing ITR before the July 31 deadline
Updated On : 29 Jul 2022 | 1:51 PM IST

How to file ITR-2 online with salary income, capital gains for FY22

Individual taxpayers not having business or professional income can use this form

How to file ITR-2 online with salary income, capital gains for FY22
Updated On : 17 Jul 2022 | 9:35 PM IST

It's prudent to file nil ITR even if your income is below Rs 2.5 lakh

Filing income tax return will prove handy while applying for a loan, insurance cover, or a visa

It's prudent to file nil ITR even if your income is below Rs 2.5 lakh
Updated On : 14 Jul 2022 | 10:59 PM IST

ITR: 5 common mistakes you should avoid while filing your income tax return

The taxpayers are required to fill out several forms, Form 26AS, Form 16, capital gains statement, and interest certificates, among others. In all the paperwork, some mistakes are bound to happen

ITR: 5 common mistakes you should avoid while filing your income tax return
Updated On : 13 Jul 2022 | 9:54 AM IST

Five key benefits of filing your income tax return by the due date

Filing ITR is mandatory in order to claim deductions under Chapter VI and exemptions on long-term capital gains; but there are other benefits you need to know about

Five key benefits of filing your income tax return by the due date
Updated On : 12 Jul 2022 | 5:02 PM IST

Have Form 16 from two employers? Be careful not to claim tax benefits twice

A mistake in calculating tax liability could lead to a notice from the tax department

Have Form 16 from two employers? Be careful not to claim tax benefits twice
Updated On : 29 Jun 2022 | 11:27 PM IST

ITR 2022-23: How to fill your income tax return for this assessment year?

Here is a quick step-by-step guide on how to file your income tax return (ITR) for the assessment year 2022-23

ITR 2022-23: How to fill your income tax return for this assessment year?
Updated On : 23 Jun 2022 | 4:09 PM IST

Compare Form 16 with 26AS before filing income-tax return: Experts

Report any discrepancy between the two documents to the employer immediately and get it rectified

Compare Form 16 with 26AS before filing income-tax return: Experts
Updated On : 16 Jun 2022 | 10:32 PM IST

Get a fix on key changes in the new Income Tax Return Forms for AY 2022-23

The forms are quite elaborate and seek a lot of information, so get the documentation and paperwork ready, and make complete disclosures while filing returns

Get a fix on key changes in the new Income Tax Return Forms for AY 2022-23
Updated On : 12 Jun 2022 | 10:18 PM IST

Govt notifies ITR forms for 2021-22; seeks details on overseas pension a/c

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) forms cater to small and medium taxpayers.

Govt notifies ITR forms for 2021-22; seeks details on overseas pension a/c
Updated On : 01 Apr 2022 | 7:51 PM IST

46.4 million income tax returns filed amid portal glitch complaints

The government had extended the date of filing income tax returns for AY22 to December 31, 2021, from July 31, 2021

46.4 million income tax returns filed amid portal glitch complaints
Updated On : 27 Dec 2021 | 11:17 PM IST

Infosys sets up dedicated war room as deadline for ITR filings nears

Of the e-verified ITRs, more than 23.8 million ITRs have been processed and over 909.5 million refunds for AY 2021-22 have been issued

Infosys sets up dedicated war room as deadline for ITR filings nears
Updated On : 17 Dec 2021 | 12:36 AM IST

Over 20 million I-T returns filed on new portal; many glitches rectified

Infosys has been asked to address issues linked to complex filings

Over 20 million I-T returns filed on new portal; many glitches rectified
Updated On : 15 Oct 2021 | 1:16 AM IST

Senior citizens above 75 years can avoid filing ITR from next year

Instead, they will just have to make a declaration in Form 12BBA to their bank, which will deduct TDS

Senior citizens above 75 years can avoid filing ITR from next year
Updated On : 08 Sep 2021 | 1:21 AM IST

Include cryptocurrency gains in income-tax returns, say analysts

Treat it as capital gain if you buy and hold; as business income if you trade frequently

Include cryptocurrency gains in income-tax returns, say analysts
Updated On : 30 Jul 2021 | 6:01 AM IST

Covid impact: Govt extends deadline for filing income tax and GST returns

Individual must now file return by January 10, 2021; due date for ITR filing for companies extended by 15 days to February 15, 2021

Covid impact: Govt extends deadline for filing income tax and GST returns
Updated On : 30 Dec 2020 | 8:33 PM IST

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

Mistakes you should avoid while filing your income-tax return this year
Updated On : 25 Oct 2020 | 9:31 PM IST

Taxpayers don't need to mention high-value transactions in ITR form: Report

Government is not considering any modification in the ITR form

Taxpayers don't need to mention high-value transactions in ITR form: Report
Updated On : 17 Aug 2020 | 10:33 AM IST