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
Net collection stands at Rs 6.57 trn, compared with Rs 7.24 trn a year ago
The deadline for filing GST annual return for 2019-20 fiscal has been extended by 2 months till February 28, 2021
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
Direct tax body denies reports that stock or day traders are required to furnish scrip wise details in return of income for AY 2020-21
You will now have to include real estate, share transaction details in your 26AS form while filing returns
The department has released the ITR-1 utility (e-form) on its e-filing website available in Excel and Java formats
The department has released the ITR-1 utility (e-form) on its e-filing website available in Excel and Java formats
Centre notifies changes; last date for filing extended to Nov 30 from Jul 31
The ITRs of AY 2019-20 can be submitted up to March 31, 2020, and hence this number is expected to go up further
ITR 1-Sahaj is for individuals having an annual income of up to Rs 5 million from salaries, a house, interest income, family pension income, etc. The form will require passport details
The government, which usually notifies forms for filing income tax returns by individuals in April every year, on January 3 notified tax return forms for assessment year 2020-21
It said the ITRs filed by individual taxpayers, post the set deadline of August 31, will be considered valid till November 30
The CBDT, which frames policy for the Income Tax Department, issued a circular on Thursday stating exceptions to the new system
There have been demands for an extension in filing ITR date since issuance of tax deducted at source (TDS) statement for 2018-19 fiscal was delayed
Under the new system, Infosys will handle end-to-end solution - from e-filing to return assessment to refund processing
I-T department issued notices to 3,04,000 persons who had deposited cash of more than Rs 1 mn post demonetisation but had not filed their return of income till the due date
Suggests e-filing to assessees for hassle-free processing of annual returns filing exercise