Income tax return

FY 2018-19 Income Tax return filing, revised ITR deadline extended till September 30: Know who needs to file revised ITR

It is to be noted that this is the third extension given by the Centre to taxpayers to file both original and revised tax returns for 2018-19 fiscal.

Jul 30, 2020, 14:15 PM IST

CBDT extends FY19 income tax return filing deadline till September 30 due to COVID-19

The Central Board of Direct Taxes (CBDT) on Wednesday (July 29) extended the deadline for filing income tax returns for 2018-19 fiscal till September 30 due to coronavirus COVID-19 pandemic.

Jul 30, 2020, 07:45 AM IST

ITR filing: CBDT grants relaxation in eligibility conditions for Sahaj, Sugam forms

In the notified returns, the eligibility conditions for filing of ITR-1 & ITR-4 Forms were modified with an intent to keep these forms short and simple with bare minimum number of Schedules, according to Ministry of Finance statement.

Jan 10, 2020, 14:00 PM IST

Union Budget 2019: Aadhaar, PAN made interchangeable; can use either to file Income Tax Returns

For ease of taxpayers, I propose to make PAN card and Aadhaar card interchangeable and allow those who don't have PAN to file returns by simply quoting Aadhaar number, said Finance Minister Nirmala Sitharaman.

Jul 05, 2019, 13:28 PM IST

Linkage of PAN with Aadhaar is mandatory for filing IT return: SC

The court's direction came on an appeal filed by the Centre against a Delhi High Court order.

Feb 06, 2019, 15:49 PM IST

Pre-filled I-T return from next year; refund process to be completed in just 1 day

The processing time at present for ITR is 63 days

Jan 17, 2019, 09:55 AM IST

ITR filing up 50% so far this year: CBDT chairman

The CBDT chief noted that so far the department has given 2.27 crore refunds, which is 50 per cent higher than last year.

Dec 04, 2018, 15:38 PM IST

Govt extends deadline for filing ITR, audit report till October 15

The Central Board of Direct Taxes (CBDT) had received representations from stakeholders seeking extension of the last date for filing of returns by taxpayers whose accounts have to be audited.

Sep 24, 2018, 17:41 PM IST

Arun Jaitley says confident of meeting fiscal deficit target

Jaitley has said that the government is sure of meeting the fiscal deficit target given robust tax collections.

Sep 15, 2018, 21:19 PM IST

71 per cent surge in ITRs filed till August; tax filers jump 8-fold

The total number of ITRs e-filed up to August, 2018, was 5.42 crore as against 3.17 crore up to August 31, 2017

Sep 02, 2018, 08:21 AM IST

Income Tax return filings up by 71 percent till August 31

Filing of Income Tax Returns has seen a robust rise of 71 percent till August 31 this year, when compared to the same period in 2017.

Sep 01, 2018, 17:18 PM IST

What is ITR-4? Who can file it and who can't

Here is all you need to know about  ITR-4

May 16, 2018, 11:14 AM IST

ITR filing FY 2017-18: Pay up to Rs 10,000 penalty for late filing this year

For individual taxpayers, the due date of filing income tax return for FY 2017-18 (AY 2018-19) is on July 31, 2018.

Apr 09, 2018, 11:11 AM IST

ITR Filing for financial year 2017-18: Know your Income Tax slab

The ITR this year is applicable for income earned between April 1, 2017 and March 31, 2018.

Apr 06, 2018, 09:57 AM IST

Last day to file IT return today: Here’s what you need on your checklist

With the fiscal year closing on Saturday - March 31, 2018, various tax related matters have to be completed by the end of the day. This is the last day of the current fiscal year, and if you have not completed important tax-related tasks, now is the time to do it.

Mar 31, 2018, 10:55 AM IST

Revised ITR filing: Income Tax office to remain open this weekend

Income Tax Department has fixed March 31, 2018 as the last date to file tax returns for AY 2016-2017 and 2017-2018.

Mar 27, 2018, 12:43 PM IST

Avoid some common mistakes while planning tax savings

So in case, if you plan to avail benefit under section 80 (D), you need to avoid paying in cash your health insurance premium.

Feb 23, 2018, 14:56 PM IST

Benefits of ELSS and how it fares as tax saving instruments

Mutual fund houses offer ELSS which qualifies as tax saving instrument under section 80C of Income Tax Act.

Feb 16, 2018, 14:06 PM IST

Just over 2 crore Indians paid income tax in 2015-16: Official data

Only 1.7 percent of the total population paid income tax in the assessment year (AY) 2015-16.

Dec 25, 2017, 21:24 PM IST

I-T dept to slap higher tax rate on fraudulently revised ITRs filed post demonetisation

The idea behind the CBDT directive is that the legal provision of filing a revised or belated ITR is not misused and black income is not shown as white in the aftermath of demonetisation by a taxpayer.

Nov 26, 2017, 15:02 PM IST