Income Tax Return

Income Tax Return Filing Deadline 2 Weeks Away, Here's A Quick Guide

Business | Edited by Anshul | Saturday August 17, 2019

The I-T department provides various forms for income tax assessees to file their ITR or income tax return. Meant for different types of taxpayers, such as salaried or self-employed individuals and companies, these income tax forms are known as ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 and ITR-V (verification), according to its website - incom...

Find Out The Penalty Charges You Have To Pay For Missing Income Tax Deadline

Business | Edited by Anshul | Thursday August 15, 2019

Penalty charges for missing income tax deadline: An income tax return not furnished by the due date set by the Income Tax Department is called a belated return. A belated return of income is furnished under section 139(4) of the Income Tax Act.

How To Prepare And Submit An Income Tax Return Online, Which Form To Use

Business | Edited by Anshul | Thursday August 15, 2019

Income tax return last date: The Income Tax Department provides seven different forms applicable to different types of assessees.

How to File Income Tax Returns aka ITR Online in India

Pranay Parab | Thursday August 15, 2019

ITR aka income tax returns can be easily filed online for free in India. Here’s how you can do that.

Have You Filed Your Income Tax Return? Key Things You Need To Know

Business | Written By Anshul | Saturday August 10, 2019

The taxman has provided seven forms - named ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7 - for filing of ITR, and one form - ITR-V - for verification, according to its website - incometaxindia.gov.in.

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.

All You Need To Know About Income Tax Return Form 2

Business | Anshul | Monday August 5, 2019

For filing of income tax return, the Income Tax (I-T) Department has provided seven forms - ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.

Here Are Five Ways To Verify Income Tax Returns Online

Business | NDTV Profit Team | Saturday August 3, 2019

ITR e-verification: Filing the ITR by the stipulated deadline of August 31, 2019 ensures that the assessee does not have to bear any penalty charges.

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...

Ready To File Income Tax Return? How To Prepare And Submit It Online

Business | NDTV Profit Team | Thursday August 1, 2019

Income tax return filing process: The Income Tax Department earlier this month extended the due date for assessees to file their income tax return by a month, to August 31. Once can prepare and submit an income tax return online by logging in to the Income Tax Department's e-filing portal (incometaxindiaefiling.gov.in).

All You Need To Know About Income Tax Return Form 1 Sahaj

Business | NDTV Profit Team | Saturday July 27, 2019

ITR-1 or Sahaj form cannot not be used by an individual who is a director in a company or has held any unlisted equity shares at any time during the previous 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...

Aadhaar-PAN Linking: How To Link PAN With Aadhaar Online

Business | NDTV Profit Team | Wednesday July 31, 2019

PAN-Aadhaar linking service: The Income Tax Department provides two online facilities for assessees to link their Aadhaar card number with Permanent Account Number (PAN). These are: an SMS-based facility, and an online facility on the taxman's e-filing portal.

Missing The Income Tax Deadline Attracts Up To Rs 10,000 Penalty: Know All About Belated Tax Returns

Business | NDTV Profit Team | Monday July 29, 2019

Income tax return last date: Income tax assessees originally required to file their income tax returns by July 31 will now be required to file their return of income by August 31, according to the Income Tax Department. A belated income tax return or a "return of income" not furnished on or before the due date - attracts a "late filing fee" under...

Deadline For Income Tax Return Filing Extended: 10 Things To Know

Business | NDTV Profit Team | Wednesday July 24, 2019

In a major relief to the taxpayers, the Income Tax Department has extended the deadline for filing income tax return (ITR) by individuals for financial year 2018-19 by a month till August 31. The revised due date is applicable to all taxpayers who were liable to file their tax returns by July 31, the original due date. The extension comes after the...