The centre has made it clear that there is no plan to extend the ITR filing due date, while there is widespread request for an extention to the deadline.
The countdown for the last date for filing Income Tax Return (ITR) is July 31, just four days away.
Fintech startup PayNearby will start a facility of inward cross-border remittance by October, allowing beneficiaries to withdraw the amount as per their requirement rather than taking the whole amount in one go.
The deadline to file an Income Tax return (ITR) is July 31, and the government isn't keen to extend the timeline any further. Taxpayers should file their ITRs before the due date to avoid paying penalties or other legal consequences. Over the last two financial years, the government extended the deadline for filing ITR to ease compliance for taxpayers battling the Covid-19 pandemic. However, the situation is different this year as the Centre isn't considering extending the deadline, a step to be seen for the first time in three years. "So far, there is no thinking of extending the last date of filing," Revenue Secretary Tarun Bajaj said last week.
SBI customers withdrawing Rs 10,000 or more at ATMs will need the OTP to complete the transaction.
Prompt redressal of taxpayers' grievances remains the top priority for the tax department, the newly appointed chairman of Central Board of Direct Taxes (CBDT) Nitin Gupta said on Sunday.
These significant changes in the income tax rules came into effect on July 1 this year
You can e-file ITR with the help of monthly salary slips, but the details of your income and tax liability should match with Form 26AS
Online banking services will be available during the holidays
The government is not considering extending the last date for filing income tax returns as it expects most returns to come in by the due date of July 31, a top official said on Friday.
New debit and credit card rules have been extended after receiving a range of representations from different industry bodies.
Individuals can choose to file their Income Tax Returns online to avoid the hassles of physical paperwork.
Here's how to claim your excess TDS deductions refund
The facility can only be availed by employees covered under CS(MA) rules or under the Central Government Health Scheme (CGHS).
Depositing more than Rs 20 lakh a year, one will now need to present their PAN details as well as their Aadhaar card mandatorily.