E-verification of ITR: Penalty, consequences for not verifying income tax return before 30-day deadlineITR e-verification: Starting August 1, 2022, the Income Tax Department has shortened the deadline for e-verification or hard copy submissio...
09 Aug, 2024, 01.02 PM IST
Interim Budget 2024 could simplify ITR filing process for NRIsNRI ITR filing: The income tax return filing for non-residents (NRI) is a painful process. This is because they are required to use ITR- to...
18 Jan, 2024, 04.54 PM IST
How long does it take for the tax dept to process income tax return (ITR)ITR filing: Although income tax return (ITR) filing deadline for individuals has passed since quite a while, there are still may ITRs which...
07 Sep, 2023, 02.50 PM IST
CBDT processed 88% ITR, refunds over Rs 2.45 crore issued till September 5Total 6.98 crore ITR were filed for the Assessment Year 2023-24. “More than 6 crore ITRs of AY 2023-24 have been processed out of the verif...
05 Sep, 2023, 06.24 PM IST
Missing ITR verification deadline can cost you Rs 5000 despite filing ITR on timeThe Central Board of Direct Taxes, via a notification in July 2022, reduced the time limit for ITR verification from 120 days earlier to 30...
01 Aug, 2023, 10.50 AM IST
How to verify ITR? Here are 6 ways to verify income tax returnIt is important to verify the income tax return to complete the ITR filing process. The CBDT via a notification reduced the time limit to v...
13 Jun, 2023, 12.49 PM IST
ITR-V submission: Time limit for verifying ITR reduced to 30 daysFor ITRs filed up till and including 31.7.2022 the earlier time limit of 120 days from date of filing of ITR continues, as per the CBDT not...
03 Aug, 2022, 02.07 PM IST
I-T dept relaxes time till February 2022 for taxpayers to complete verification of FY20 ITRsTaxpayers who have not e-verified their ITRs for 2019-20 fiscal can complete the verification process by February 28, 2022, as the Income T...
31 Dec, 2021, 10.39 AM IST
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...
29 Dec, 2021, 12.09 PM IST
6 ways to verify your income tax returnAs per the existing tax laws, a return filed by the taxpayer is not valid until it is verified as filed by the concerned assessee.
03 Aug, 2017, 05.20 PM IST
CBDT declares Aug 31 as deadline for clearing pending ITRs, refundsThe department had introduced the e-validation of ITRs by using the Aadhaar and bank account numbers last year.
09 May, 2016, 11.02 PM IST
E-filing: Over 50 lakh ITRs e-verified by I-T departmentThe I-T department's ambitious OTP-based ITR filing system for taxpayers has crossed the 50 lakh e-verification mark, while more than 39 la...
10 Jan, 2016, 11.29 AM IST
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...
06 Jan, 2016, 10.37 PM IST
Over 29 lakh tax returns verified by OTP-based ITR filing systemThe tax department's ambitious OTP-based ITR filing system has posted impressive numbers as it has till now verified over 29 lakh returns.
02 Sep, 2015, 08.12 PM IST
E-filing of ITR: Over 7.5 lakh returns verified, 11 lakh Aadhaar linkedThe new e-filing system allows online verification of a person's Income Tax Returns (ITR) by using either Aadhaar number, internet banking,...
09 Aug, 2015, 03.46 PM IST
Income-Tax department starts electronic verification of Income Tax ReturnsA taxpayer can verify return through Internet banking or through Aadhar-based authentication process.
14 Jul, 2015, 10.54 PM IST
End of paper trail in e-filing of IT returns; Aadhaar addedThe I-T Systems Directorate is also in the process of validating net banking identity as the verifier of e-filed I-T returns "very soon."
18 Apr, 2015, 07.22 AM IST