Income Tax Filing Deadline: Excel utilities for filing updated returns in ITR-5, ITR-6, ITR-7 now available on Income Tax Department’s websiteThe Income Tax Department has released Excel Utilities for updated returns. These are for ITR-5, ITR-6, and ITR-7 forms. This applies to As...
Got LTCG up to Rs 1.25 lakh? How ITR filing will be easier for you for FY 2024-25Taxpayers filing ITR for FY 2024-25 by July 31, 2025, benefit from the updated ITR-1 form, which now includes reporting of long-term capita...
Good news: Income tax dept to correct ITR forms to allow eligible taxpayers to claim section 87A tax rebate for FY 2023-24Income Tax Rebate: "The updated utilities for ITR forms 2 and 3 giving effect to the Circular No. 21 dated 31st December 2024 and including...
Has the last date to file ITR been extended beyond July 31?ITR deadline extended? Last year, the government did not extend the deadline for filing income tax returns, similar to the year before. How...
ITR filing last date: Will there be any extension of the income tax return filing deadline?ITR filing last date: The deadline to file your income tax return (ITR) for the financial year (FY) 2023-24 is July 31, 2024. The income ta...
ITR filing deadline extension: Why hopes for an extension of the last date to file ITR are fadingLast date to file ITR: The tax department has been receiving requests from Chartered accountant associations to address these issues prompt...
ITR deadline extended to August 31? Beware of fake news, warns Income Tax DepartmentLatest on ITR filing last date: The Income Tax Department stated that a clipping of the news is circulating on social media, claiming that ...
Woman gets 6-month jail for not filing ITR; who has to mandatorily file income tax return, consequences of not filingWho has to file ITR: The decision was made following a complaint from the Income Tax Office (ITO), alleging that Rs. 2 lakh was deducted as...
These individual taxpayers will get old income tax refund by January 31, 2024Income tax department has passed an order stating that individuals who had filed ITRs for AY 2018-19 (FY 2017-18), AY 2019-20 (FY 2018-19) ...
Who has to file ITR? Check these 9 pointsWho has to file ITR? Check these 9 points
Not filing ITR? Brace up for these 5 outcomesNot filing ITR? Brace up for these 5 outcomes
Pay 25% to 50% penalty to update your income tax return upto 2 years later, says Budget 2022Currently, an individual gets time till December 31 (unless extended by the government) to update their ITR to provide a correct picture of...
Not done ITR verification for last year? Income tax dept is offering one-time reliefAn individual is required to verify ITR within 120 days of filing it as per income tax law. If the ITR is not verified, then it will be ter...
Belated, revised ITR deadline extended to June 30, 2020The government has also the extended deadline for PAN-Aadhaar linking from March 31, 2020, to June 30, 2020.
Deadline for linking Aadhaar and PAN extended to December 31This is a huge relief to those who had filed their ITR by the due date of August 5, 2017 but were not able to link their PAN with Aadhaar b...
ITR-V verification deadline extended to 31st JanuaryIf you missed your 120 days ITR-V verification deadline, there is good news. The income tax department has extended the verification deadli...
Six things to know about the new income tax return formsThe good news now is that apart from doing away with some controversial provisions, the new forms -- ITR 2 and ITR 2A -- will have only thr...