Income tax return

ITR filing 2020-2021: Here's how to pre-validate your bank account online for getting refunds on income tax

It may sometimes so happen that people's income tax may be miscalculated, or their tax deducted at source (TDS) may go in excess, so you might need to seek a tax refund. 

Oct 12, 2021, 15:58 PM IST

ITR filing FY 2020-21: File your tax return for free using SBI YONO app; here's how

While there are several online options available before you for filing your income tax returns including income tax official website, SBI's Yono app can be also very useful.

Oct 11, 2021, 16:54 PM IST

Income tax Return: SBI introduces offers on ITR filing as deadline nears, check details

State Bank of India (SBI) has launched offers on income tax returns or ITR filing. 

Oct 06, 2021, 16:39 PM IST

Cyber ​​criminals emptying your account in the name of Income tax return!

A report by McAfee has revealed that cybercriminals have created Elibomi malware-less fake iMobile app to dupe the public in the name of submitting their IT returns. To download it, he has started the work of trapping unknown citizens in his trap through SMS.

Sep 10, 2021, 18:30 PM IST

New Income Tax Return Rule! Senior Citizens above 75 years don't have to file ITR, provided they meet THESE conditions

The 2021-22 Budget had introduced a provision for exempting senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank from filing income tax returns for the financial year beginning April 1.

Sep 06, 2021, 13:58 PM IST

ITR filing for FY 2020-21: Salaried people can file ITR-1 SAHAJ, but THESE 8 type of people can't

The most basic - ITR-1 or Sahaj - is to be filled by the salaried class of taxpayers.

Aug 27, 2021, 16:21 PM IST

ITR filing for FY 2020-21: Salaried people using ITR-1 SAHAJ must keep these 9 documents handy, here's your checklist

The most basic - ITR-1 or Sahaj - is to be filled by the salaried class of taxpayers. The form this time seeks an assessee's details in separate fields such as allowances not exempt, profit in lieu of salary and value of prerequisites among others.

Aug 26, 2021, 14:45 PM IST

ITR filing FY 2020-21: Is Agricultural Income tax free in India? Know THESE 3 important things

If you have Agricultural Income, you can still file for ITR, however as per section 10(1), agricultural income earned by the taxpayer in India is exempt from tax. 

Aug 24, 2021, 15:41 PM IST

Income tax return: Here’s how to avoid THESE mistakes while filing ITR

ITR filing comes with several benefits but if done incorrectly, can create a lot of trouble for taxpayers. Here are a few things that need to be kept in mind while filing income tax:

Aug 13, 2021, 12:43 PM IST

ITR Filing alert! Deadline extended for e-filing of various forms

The deadline for filing the equalisation levy statement in Form-1 for the Financial Year 2020-21 has been extended till August 31, from the original due date of June 30.

Aug 04, 2021, 10:07 AM 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

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

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

ITR filing FY 2020-21: Now fill ITR 1 and ITR 4 using single offline JSON Utility; check what it means for salaried class

For AY 2021-22, the ITR 1 to ITR 4 can be filled using single JSON Utility while mport of Prefill file is mandatory in utility.

Apr 06, 2021, 16:22 PM IST

ITR filing FY 2020-21: CBDT notifies new Income Tax Return forms, check details here

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler Forms that cater to a large number of small and medium taxpayers. Sahaj can be filed by an individual having income upto Rs 50 lakh and who receives income from salary, one house property / other sources (interest etc.).

Apr 02, 2021, 15:56 PM IST

ITR filing FY 2019-20: Haven't filed your tax return? Do not ignore this

The Income Tax department has been issuing constant alerts and warnings on filing Income Tax Returns for AY 2020-21 (FY 2019-20). 

Mar 30, 2021, 15:02 PM IST

ITR filing FY 2019-20: Will last date for ITR Filing be extended again? Know what CBDT said

This year, taxpayers are required to submit the returns for the FY 2019-20 financial year and the assessment year would be AY 2020-21.

Jan 12, 2021, 17:35 PM IST