Page 14 - Income Tax Returns

Haven't filed I-T return yet? You could be losing out on these 10 benefits

Not only citizens with income above basic exemption limit, those with income below it are also advised to file ITR on time

A step-by-step guide to help salaried employees file I-T returns online

The e-filing is an easy process and requires just the basic understanding of the portal. Here is a step-by-step guide to file ITR

Planning to file your ITR? Here are 9 key tips for first-time taxpayers

You must understand that filing income-tax returns can be quick and smooth as long as these key aspects are taken into consideration

CBDT has brought new income-tax return form: Is it sahaj or sugam anymore?

New ITR forms indirectly force small businesses to maintain books of accounts, something that wasn't needed earlier

Income tax returns: How to avoid being labelled a tax evader; 10 points

The income-tax department on Wednesday warned salaried-class taxpayers against using illegal means while filing their returns, stating that violators would be prosecuted

Central Board of Direct Taxes releases simplified ITR forms for FY19

Also, the new ITR forms will continue to be filed electronically

Proportion of return filers at lower levels of income declining

Number of individuals reporting an annual income of more than Rs 10 lakh has risen by 21%

CBDT asks I-T dept to impose 'higher tax rate' on fraudulently revised ITRs

CBDT had earlier said that those "drastically" altering the forms to revise income will face scrutiny

Govt extends deadline for return filing of audit reports to November 7

CBDT has revised e-filing ITR preparation utilities for filing all types of ITR forms and tax audit report

Govt to widen tax base, asks I-T dept to add 12.5 mn filers in FY18

A new I-T return filer is defined as a person who has not filed return in the previous years but is liable to do so under the law

I-T wing identifies 30,000 ITR cases for scrutiny

Cash in hand reported is significantly higher than the income declared in the previous years

Dread filing tax returns? Forms you need to file to claim I-T refund

There are total 7 ITR forms available for e-filing

You have a few more days to file I-T returns; deadline extended to Aug 5

The site has been facing glitches since the last three days

File your ITR today as tax dept rules out any extension

The dept requests taxpayers to file their return in time, a top official said

No extension in July 31 deadline for filing I-T returns, clarifies tax dept

Earlier this month, FM Jaitley launched the taxpayers service module and mobile app 'Aaykar Setu'

Tipping Point: What is an e-filing vault?

Advantage of using e-filing vault option is that it provides two-factor authentication

More complications in filing income tax returns

New ITR form might be simpler but there are minor changes in regulations that might stump you

Made an error? File your revised tax returns within stipulated timeline

While tax authorities permit you to revise your tax return in case of an error

New 1-page ITR form notified, e-filing to start today

The government today notified a simpler, one-page form for filing income tax returns while making it mandatory to quote Aadhaar number and disclose bank deposits of more than Rs 2 lakh post demonetisation. The Income Tax Return Form-1 (Sahaj) will replace the 7-page form, removing a plethora of columns on deductions from income claimed. Sahaj can be filed by an individual having income of up to Rs 50 lakh from salary, house property and interest. Currently, SAHAJ (ITR 1) is filed by salaried employees and ITR 2 by individuals and HUFs whose income does not include income from business. The government has done away with form ITR 2A (used by individuals & HUFs not having income from business or profession and capital gains and by those who do not hold foreign assets). Sahaj makes quoting of 12-digit biometric identifier Aadhaar number mandatory along with Permanent Account Number (PAN) and also seeks details of cash in excess of Rs 2 lakh that was deposited

Budget 2017: Aadhaar number to be a must for filing I-T returns

All bank accounts to be seeded with Aadhaar by Mar 31; Aadhaar to be made mandatory for PDS as well