itr

Good news for taxpayers! Deadline for e-filing forms 15CA and 15CB extended again

As per the CBDT, a facility will be provided on the new e-filing portal to upload these forms at a later date for the purpose of generation of the Document Identification Number. 

Jul 21, 2021, 17:34 PM IST

Explained – How to file Income Tax Return online without Form 16

Even if a salaried has not received FORM 16 from the employer, he/she can still e-file the Income Tax returns based on the following points.

Jul 19, 2021, 17:17 PM IST

ITR filing made easy! Taxpayers can now file income tax returns at nearby post offices

India Post said that taxpayers can easily access ITR services at nearby post office CSC counter. 

Jul 15, 2021, 17:57 PM IST

Income Tax department issues refunds worth Rs 37,050 crore till July 5

CBDT issued refunds of over Rs 37,050 crore to more than 17.92 lakh taxpayers between 1st April 2021 to 05th July 2021. 

Jul 08, 2021, 15:07 PM IST

Filed Income Tax Return? TDS rules to change from THIS month

In order to identify the non-filers of ITR, the tax department has made a list of these people at the start of the financial year 2021-22, which includes previous years 2018-19 and 2019-20. This particular list includes the names of taxpayers who did not file returns of income for both assessment years 2019-20 and 2020-21 and have an aggregate TDS of Rs 50,000 or more in each of these two previous years.

Jul 06, 2021, 11:40 AM IST

TDS alert! New rules to take effect from tomorrow: Everything you need to know

Taxpayers who haven’t filed their income tax returns for the last two financial years will have to pay higher TDS and TCS if such deductions were Rs 50,000 or more in each of the two financial years.

Jun 30, 2021, 11:29 AM IST

Income Tax Return deadline extension: Important things you need to know before ITR filing

Individuals can now file tax returns for income earned in the financial year 2020-21 till September 30 instead of July 31.

Jun 27, 2021, 21:34 PM IST

Who will have to pay higher TDS from July 1? Tax dept has these conditions for people

From July 1 onwards, a person will be required to pay extra TDS at a higher rate if he/she fails to file their Income Tax Returns for the last two years and has aggregate TDS/TCS credit of Rs. 50,000 or more in each of the two years.

Jun 25, 2021, 10:44 AM IST

Good news for housewives! No Income Tax scrutiny on cash deposits up to Rs 2.5 lakh post demonetisation

Ruling on an appeal filed by an individual, the Agra bench of the Income Tax Appellate Tribunal (ITAT) said the order would act as a precedent for all similar cases.

Jun 23, 2021, 21:18 PM IST

ITR Filing: Income Tax department allows manual filing of THESE tax forms for your ease

The I-T department has issued a circular allowing manual filing of with banks till June 30, so that business transactions may go on. Form 15CA/15CB are required for foreign remittances.

Jun 15, 2021, 12:05 PM IST

5 major sources of income that are tax free in India

While the Income Tax department has laid out all the specific rules pertaining to ITR as per the Income Tax Act, there are a few types of incomes which are exempt from the scope of Income Tax. Such type of incomes are known as tax-free incomes. 

Jun 10, 2021, 17:08 PM IST

Filed Income Tax Return yet? You will have to pay double TDS from July 1-Here’s why

Come July 1, a person will be forced to pay extra TDS and that too at a higher rate if he/she fails to file their Income Tax Returns for the last two years and has aggregate TDS/TCS credit of Rs. 50,000 or more in each of the two years.

Jun 07, 2021, 15:31 PM IST

Now you can get THESE Aadhaar Services without internet: Check the step-by-step process

Users can get several Aadhaar facilities such as Virtual ID generation/retrieval and Aadhaar lock/unlock with the help of basic SMS availability.

Jun 06, 2021, 16:16 PM IST

ITR filing new portal with mobile app revealed! Check top 5 features to quickly get income tax returns

The Central Board of Direct Taxes (CBDT) is all set to make your income tax return filing journey smoother and easier with the launch of its new online portal — www.incometax.gov.in — for filing income tax returns on June 7. 

Jun 06, 2021, 14:07 PM IST

New e-filing portal to be mobile friendly, have user manuals, videos

Besides, multiple options for on-portal tax payments, multiple options for login, helpdesk support and chatbot are the features in the portal. E-filing services will be unavailable from June 1-6. "If you have to submit any response or avail any service please do it before or after these dates," it said.

May 29, 2021, 23:14 PM IST

ITR filing FY 2020-21: Minor changes in ITR forms, know how it affects ITR-1 Sahaj

You must keep these 9 Checklist of documents or information for filing ITR-1 SAHAJ.

May 26, 2021, 13:57 PM IST

Big news for FD investment! THESE forms will have to be submitted before June 30

Those who invest in FD will have to submit 15G and 15H on or before June 30. According to the new notification of CBDT, there has been no change in its deadline. This form has to be filled and submitted to the bank, otherwise, the bank deducts the money.

May 22, 2021, 18:23 PM IST

Income Tax alert! Online portal will be unavailable between THESE dates

The new platform will offer free of cost ITR preparation software to taxpayers. 

May 20, 2021, 21:19 PM IST

Income Tax department to launch new income tax e-filing web portal on June 7

The Income Tax department will shut the existing web portal for six days from June 1 to June 6

May 20, 2021, 19:56 PM IST

Govt extends FY21 ITR filing deadline for individuals till Sep 30

As per the income tax law, for individuals whose accounts are not required to be audited and who usually file their income tax return using ITR-1 or ITR-4 forms the deadline to file ITR is July 31. 

May 20, 2021, 18:42 PM IST