Income Tax Return Scrutiny Reduced To 0.25% In Assessment Year 2018-19: Finance Ministry
Business | Press Trust of India | Wednesday August 5, 2020
ITR picked up for scrutiny has reduced to 0.25 per cent of the total ITRs filed in assessment year (AY) 2018-19, from 0.55 per cent in AY 2017-18.
Deadline For Filing 2019-20 Income Tax Returns Extended To November 30
Business | Edited by Abhik Deb | Wednesday June 24, 2020
The last date for filing returns for the financial year 2019-20(Assessment Year 2020-21) has now been extended till 30 November, 2020.
Government Rolls Back Changes, Allows Joint Property Owners To File Returns With Simple Forms
Business | IANS | Friday January 10, 2020
The clarification has come days after the government modified the eligibility for filing the returns in ITR-1 and ITR-2, stating that those owning a property jointly, spending Rs 2 lakh on foreign travel and paying electricity bill of Rs 1 lakh in a year would not be able to file returns in the simpler forms.
Missed Income Tax Deadline? Learn How To Prepare And Submit A Belated Return
Business | Edited by Sandeep Singh | Tuesday November 26, 2019
Income Tax Filling (ITR E-Filing): For example, filing an ITR for financial year 2018-19 (assessment year 2019-20) by December 31 attracts a penalty of Rs 5,000 under the current rules, according to the Income Tax Department's website - incometaxindia.gov.in. However, late filing fee cannot exceed Rs. 1,000 for assessees with a total income up to R...
Income Tax Returns (ITR) Filing Deadline Ends Today. Ten Things To Know
Business | Anshul | Saturday August 31, 2019
The deadline for filing income tax returns for assessment year 2019-20 (financial year 2018-19) ends today. It is compulsory for individuals earning a specified amount of income in a year to file income tax return (ITR). An assessee who does not submit a return of income within the deadline is allowed to file a belated return at a later time. Howev...
No Extension In August 31 Due Date To File Return: Income Tax Department
Business | Edited by Anshul | Friday August 30, 2019
The original due date of July 31 - for filing the ITR against income earned in assessment year 2019-20 - was earlier extended to August 31.
Hurry! Last 2 Days Left To File Your Income Tax Return (ITR)
Business | Edited by Anshul | Thursday August 29, 2019
The due date for assessees to file their income tax return (ITR) for assessment year 2019-20 (financial year 2018-19) is August 31. The Income Tax Department has provided seven ITR forms to enable assessees to file their income tax return online. The process of filing of an I-T return online is known as e-filing. The tax forms are applicable for as...
Income Tax Return (ITR) Filing Deadline Ends In 3 Days: 10 Things To Know
Business | Edited by Anshul | Wednesday August 28, 2019
Only three days are left for assessees to file their income tax returns (ITRs) for income earned in assessment year 2019-20 (financial year 2018-19). Through an income tax return, the assessee communicates the particulars of the income earned and any taxes paid on it in a financial year to the Income Tax Department in a prescribed format. It is com...
Deadline For Filing Income Tax Return (ITR) Is Just 9 Days Away: 10 Latest Details To Know
Business | Edited by Anshul | Thursday August 22, 2019
The last date for filing of income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Last month, the government extended the original deadline of July 31 by one month, announcing August 31 as the new deadline. That means, those looking to file their income tax return (ITR) without having to bear any penalty charge...
How To Verify Income Tax Return (ITR) Without Login To E-Filing Account
Business | Edited by Anshul | Thursday August 8, 2019
The last day to file income tax return (ITR) for the assessment year 2019-20 (financial year 2018-19) is August 31, 2019.
Today Is Not The Last Day To File Income Tax Return (ITR), Here's Your Complete Guide
Business | NDTV Profit Team | Wednesday July 31, 2019
Last week itself, the Central Board of Direct Taxes (CBDT) extended the ITR filing deadlineto August 31, 2019, from the previous ITR filing deadline of July 31, 2019. It was reported that some of the taxpayers were facing difficulties in filing their ITR due to various reasons including extension of due date for issue of Form 16 for assessment year...
10 Things You Should Know Before Filing Income Tax Return (ITR) This Year
Business | NDTV Profit Team | Friday July 26, 2019
The last day to file income tax return (ITR) for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Earlier, the last date to file income tax return was July 31 which was extended to August 31. A late filing fee of Rs 5,000 is payable by the assessee for furnishing an ITR after the stipulated deadline but before December 31, accor...
Government Extends Due Date For Filing Of Income Tax Return
Business | NDTV Profit Team | Tuesday July 23, 2019
The original due date for assessees - including salaried taxpayers and entities not required to get their accounts audited - to file their income tax returns for financial year 2018-19 (assessment year 2019-20) was July 31, 2019
Income Tax Return (ITR) Filing: Tax Slabs, Exemption Limits, Other Rules
Business | NDTV Profit Team | Tuesday July 23, 2019
For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.
Interim Budget 2019: How Your Income Tax Liability Is Set To Change From Assessment Year 2020-21
Business | NDTV Profit Team | Monday June 17, 2019
Income tax rules (interim Budget 2019): Careful planning of investments as perincome tax lawscan lead to a significant reduction in the assessees' overall tax outgo, say financial advisors.
Income Tax Return Scrutiny Reduced To 0.25% In Assessment Year 2018-19: Finance Ministry
Business | Press Trust of India | Wednesday August 5, 2020
ITR picked up for scrutiny has reduced to 0.25 per cent of the total ITRs filed in assessment year (AY) 2018-19, from 0.55 per cent in AY 2017-18.
Deadline For Filing 2019-20 Income Tax Returns Extended To November 30
Business | Edited by Abhik Deb | Wednesday June 24, 2020
The last date for filing returns for the financial year 2019-20(Assessment Year 2020-21) has now been extended till 30 November, 2020.
Government Rolls Back Changes, Allows Joint Property Owners To File Returns With Simple Forms
Business | IANS | Friday January 10, 2020
The clarification has come days after the government modified the eligibility for filing the returns in ITR-1 and ITR-2, stating that those owning a property jointly, spending Rs 2 lakh on foreign travel and paying electricity bill of Rs 1 lakh in a year would not be able to file returns in the simpler forms.
Missed Income Tax Deadline? Learn How To Prepare And Submit A Belated Return
Business | Edited by Sandeep Singh | Tuesday November 26, 2019
Income Tax Filling (ITR E-Filing): For example, filing an ITR for financial year 2018-19 (assessment year 2019-20) by December 31 attracts a penalty of Rs 5,000 under the current rules, according to the Income Tax Department's website - incometaxindia.gov.in. However, late filing fee cannot exceed Rs. 1,000 for assessees with a total income up to R...
Income Tax Returns (ITR) Filing Deadline Ends Today. Ten Things To Know
Business | Anshul | Saturday August 31, 2019
The deadline for filing income tax returns for assessment year 2019-20 (financial year 2018-19) ends today. It is compulsory for individuals earning a specified amount of income in a year to file income tax return (ITR). An assessee who does not submit a return of income within the deadline is allowed to file a belated return at a later time. Howev...
No Extension In August 31 Due Date To File Return: Income Tax Department
Business | Edited by Anshul | Friday August 30, 2019
The original due date of July 31 - for filing the ITR against income earned in assessment year 2019-20 - was earlier extended to August 31.
Hurry! Last 2 Days Left To File Your Income Tax Return (ITR)
Business | Edited by Anshul | Thursday August 29, 2019
The due date for assessees to file their income tax return (ITR) for assessment year 2019-20 (financial year 2018-19) is August 31. The Income Tax Department has provided seven ITR forms to enable assessees to file their income tax return online. The process of filing of an I-T return online is known as e-filing. The tax forms are applicable for as...
Income Tax Return (ITR) Filing Deadline Ends In 3 Days: 10 Things To Know
Business | Edited by Anshul | Wednesday August 28, 2019
Only three days are left for assessees to file their income tax returns (ITRs) for income earned in assessment year 2019-20 (financial year 2018-19). Through an income tax return, the assessee communicates the particulars of the income earned and any taxes paid on it in a financial year to the Income Tax Department in a prescribed format. It is com...
Deadline For Filing Income Tax Return (ITR) Is Just 9 Days Away: 10 Latest Details To Know
Business | Edited by Anshul | Thursday August 22, 2019
The last date for filing of income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Last month, the government extended the original deadline of July 31 by one month, announcing August 31 as the new deadline. That means, those looking to file their income tax return (ITR) without having to bear any penalty charge...
How To Verify Income Tax Return (ITR) Without Login To E-Filing Account
Business | Edited by Anshul | Thursday August 8, 2019
The last day to file income tax return (ITR) for the assessment year 2019-20 (financial year 2018-19) is August 31, 2019.
Today Is Not The Last Day To File Income Tax Return (ITR), Here's Your Complete Guide
Business | NDTV Profit Team | Wednesday July 31, 2019
Last week itself, the Central Board of Direct Taxes (CBDT) extended the ITR filing deadlineto August 31, 2019, from the previous ITR filing deadline of July 31, 2019. It was reported that some of the taxpayers were facing difficulties in filing their ITR due to various reasons including extension of due date for issue of Form 16 for assessment year...
10 Things You Should Know Before Filing Income Tax Return (ITR) This Year
Business | NDTV Profit Team | Friday July 26, 2019
The last day to file income tax return (ITR) for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. Earlier, the last date to file income tax return was July 31 which was extended to August 31. A late filing fee of Rs 5,000 is payable by the assessee for furnishing an ITR after the stipulated deadline but before December 31, accor...
Government Extends Due Date For Filing Of Income Tax Return
Business | NDTV Profit Team | Tuesday July 23, 2019
The original due date for assessees - including salaried taxpayers and entities not required to get their accounts audited - to file their income tax returns for financial year 2018-19 (assessment year 2019-20) was July 31, 2019
Income Tax Return (ITR) Filing: Tax Slabs, Exemption Limits, Other Rules
Business | NDTV Profit Team | Tuesday July 23, 2019
For the assessment year 2019-20 (financial year 2018-19), July 31, 2019 is the deadline for individuals to file income tax return.
Interim Budget 2019: How Your Income Tax Liability Is Set To Change From Assessment Year 2020-21
Business | NDTV Profit Team | Monday June 17, 2019
Income tax rules (interim Budget 2019): Careful planning of investments as perincome tax lawscan lead to a significant reduction in the assessees' overall tax outgo, say financial advisors.
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