No Section 87A tax rebate despite ITR filing forms being updated recently: How to claim Section 87A tax rebate with deadline ending on January 15, 202587A tax rebate: The ITR filing utilites for ITR-2 and ITR-3 has been updated on January 4, 2025 however, the JSON schema is not yet updated...
06 Jan, 2025, 05.21 PM IST
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...
02 Jan, 2025, 10.49 AM IST
ITR filing deadline extension: Bombay HC orders tax dept to allow these taxpayers claiming 87A rebate to file ITR till January 15, 202587A tax rebate: The Honourable Bombay High Court said recently, "By way of interim relief, the... Central Board of Direct Taxes is hereby d...
28 Dec, 2024, 10.20 AM IST
Claimed 87A tax rebate for STCG in your ITR? You may get tax demand noticeIncome tax rebate: Income tax rebate under section 87A is not available for Long Term Capital Gains (LTCG). "Earlier the Income Tax Utility...
27 Sep, 2024, 10.45 AM IST
Taxpayers getting faster refunds this year? FM says ITR processing time reduced to 10 days from 93 daysIncome tax refund: You can expect faster tax refund this year, however not everybody will benefit from this. Cetain complicated income tax ...
14 Aug, 2024, 11.45 AM IST
Get ITR filed without sharing password: IT dept allows CA to file ITR on your behalf without e-filing ITR log-in credentialsITR filed by CA without password sharing: There is a way you can file ITR without sharing your e-filing ITR password with a chartered accou...
17 Jul, 2024, 12.34 PM IST
Income tax filing: 3 updated utilities available for filing this ITR form for AY 2024-25; find out which one works best for youIncome tax filing: Are you an individual or Hindu Unidivided Family who have income from business or profession and do not want to opt for ...
11 May, 2024, 03.46 PM IST
I-T department enables online filing of ITRs 1, 4ITR-2 is filed by businesses and professionals who have opted for presumptive taxation and those individuals whose annual income doesn't ex...
23 May, 2023, 03.09 PM IST
Over 6.6 crore income tax returns filed on new portalMore than 6. 63 crore income tax returns (ITRs) were filed for the assessment year 2021-22 on the new e-filing portal of the department as ...
17 Mar, 2022, 11.00 AM IST
Income Tax department to refund excess interest, late fee paid while filing ITR for FY21"Taxpayers have been advised to use the latest version of the ITR preparation software or file online. If, by any chance, someone has alrea...
12 Aug, 2021, 09.34 AM IST
How to download, import prefilled XML file to fill tax details in ITR?All the personal and tax details available with tax e-filing portal will be prefilled into the appropriate ITR excel form.
03 Aug, 2019, 10.47 AM IST
ITR filing: Income tax return forms 2 and 5 updated againAs per a notice on the e-filing website, ITR-2 & ITR-5 utilities have been modified to fix bugs.
23 Jul, 2019, 12.56 PM IST
ITR filing: Prefilled ITRs now available for all individualsAccording to the latest update, the department has started providing pre-filled XML file containing details such as employer details, allow...
22 Jul, 2019, 12.50 PM IST
ITR 2 e-form asks for complete salary break-up; more details required than beforeITR2 asks for salary break up in much more detail than earlier and also in greater detail than given in Form 16 up till now.
19 Jul, 2019, 12.27 PM IST
LTCG makes filing I-T returns toughLTCGs of more than Rs 1 lakh on the transfer of listed shares and units of equity mutual funds are taxable from FY 2018-19 onwards.
19 Jul, 2019, 12.26 PM IST
No change in ITR forms, only utility software updated: CBDTCBDT issued a statement saying the updating process of these forms' utility software does not hamper the filing of returns, the deadline fo...
19 Jul, 2019, 12.26 PM IST
Certain ITR filing forms still not up on the income tax websiteEven 46 days after the financial year 2017-18 ended, the software utility needed to file or upload certain I-T returns is not available on ...
17 May, 2018, 12.47 PM IST