Tue, Apr 23, 2019
The new income tax return (ITR) forms for the assessment year 2019-20 come with a set of changes—essentially more detailed disclosures for taxpayers to contend with.
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Tue, Feb 26, 2019
As we all know that individuals earning more than Rs 2.5 lakh are required to file income tax return each year. Financial year commences from 1st April and ends on 31st March, therefore, the financial year 2018 – 19 would end on 31st March 2019.
Tue, Mar 06, 2018
As per the Income-tax Act, all the companies and firms have to file the return irrespective of quantum of income or activity level. All individuals, HUFs and other persons whose total income exceeds basic exemption limit (before deductions under chapter VIA such as section 80C/80CCD/80DD/80TTA) have to mandatorily file return of income in the prescribed ITR form.
Thu, Mar 01, 2018
Income tax returns (ITR) filing: In case you missed the deadline of July 31, 2017 to file your income tax return for the financial year ended March 31, 2017, you have the last chance to file the same belatedly by March 31, 2018 without any penalty.
Sun, Jul 30, 2017
Tomorrow is the last to submit your Income Tax Return for the financial year 2016-17. With one day in hand, the taxpayers should come forward to file ITR to avoid penalties.
Mon, Apr 10, 2017
Individuals will have to disclose all cash payments of over Rs 2 lakh made for paying loans and credit card bills during the 50-day period post demonetisation in the new Income Tax Return (ITR) form.
Wed, Mar 29, 2017
Income Tax Department will introduce simplified e-filing of Income Tax return form on April 1 this year which will do away with some columns while filing the the IT returns.
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