Page 8 - Income-tax Returns

Income Tax return: File a rectification request to expedite stuck refund

Correct your mistake or provide additional information required by Department so that your return gets processed

Despite teething issues, e-filing process largely smooth: CBDT spokesperson

'The faceless assessment scheme in India draws upon the best practices of the UK HRMC and Australian ATO'

Missed December 31 deadline? You can file belated return by March 31

However, you may have to pay a penalty and won't be able to carry forward most types of losses

Top headlines: Corporate ITR filing deadline extended, Tata new IPL sponsor

Telecom companies push for 90-95% cut in base price of 5G spectrum. More in today's top headlines

Deadline to file corporate income-tax returns, audit extended

Assessment Year 2021-22 is for income earned in the financial year 2020-21

Nearly 58.9 mn ITRs for FY21 filed till Dec 31 deadline

Nearly 5.89 crore income tax returns for the 2020-21 fiscal (ended March 2021) have been filed on the new e-filing portal till December 31 deadline, the I-T department said on Saturday. Of this, more than 46.11 lakh ITRs were filed on the last date or December 31 alone. "Nearly 5.89 crore Income Tax Returns (ITRs) have been filed on the new e-filing portal of the Income Tax Department as on 31st December, 2021, the extended due date," the Central Board of Direct Taxes (CBDT) said in a statement. In comparison, as on January 10, 2021, (the extended due date for ITRs for AY 2020-21), the total number of ITRs filed was 5.95 crore. As many as 31.05 lakh ITRs filed were on the last day or January 10, 2021. Out of 5.89 crore ITRs filed for AY 2021-22 (2020-21 fiscal), 49.6 per cent of these are ITR1 (2.92 crore), 9.3 per cent are ITR2 (54.8 lakh), 12.1 per cent are ITR3 (71.05 lakh), 27.2 per cent are ITR4 (1.60 crore), 1.3 per cent are ITR5 (7.66 lakh). Besides, 2.58 lakh ITR-6 and 0.6

No extension of ITR filing deadline; over 56 mn FY21 returns filed so far

Revenue Secretary Tarun Bajaj said ITR filing is going on 'very smoothly'

Just 3 days left for filing ITR, what happens if you miss the deadline

The due date for ITR filing for the fin ancial year 2020-21 (the assessment year 2021-22) has been extended twice

Income tax returns' filing for FY21 crosses 50 mn-mark: I-T Dept

Over five crore income tax returns (ITR) for the financial year ended March 2021 have been filed so far, the I-T department said on Wednesday.

Over 48.6 mn ITRs filed for FY21 so far, nearly 1.9 mn filed on Dec 28

Over 4.86 crore Income Tax Returns for 2020-21 fiscal have been filed so far including over 18.89 lakh ITRs filed on December 28 alone, the I-T department said on Wednesday

Income Tax refunds of over Rs 1.49 trillion issued so far this fiscal

This includes 1.07 crore refunds of AY 2021-22 (fiscal ended March 31, 2021), amounting to Rs 21,021 crore

Over 46.7 mn ITRs filed for FY21 so far, 1.54 mn alone in single day

The last date for filing ITRs for 2020-21 fiscal ended March 31, 2021, by individual taxpayers is December 31

46.4 million income tax returns filed amid portal glitch complaints

The government had extended the date of filing income tax returns for AY22 to December 31, 2021, from July 31, 2021

Over 45 million income tax returns for FY21 filed till December 26

The extended deadline for filing ITRs by individual taxpayers is December 31, 2021. The original deadline was July 31, 2021

Things to remember as you rush to file your return ahead of December 31

To avoid any last-minute errors, one must remember to use the correct ITR form, collate all relevant income and expense documents for quick referral

Over 44.3 mn income tax returns filed till December 25 for 2020-21

Over 4.43 crore income tax returns (ITRs) for the 2020-21 fiscal have been filed, which includes over 1.16 mn returns filed on December 25, the I-T department said

Capital gains or rent: All income must be reported in Income Tax Return

Capital gains on switching between MF plans, notional income from vacant property, minor's income are ones taxpayers often overlook.

Over 40 mn income tax returns e-filed for FY21 so far, says I-T dept

More than 4 crore ITRs for the last fiscal have been efiled, with around 8.7 lakh returns being filed on December 21 alone, the I-T department said on Wednesday. With December 31 being the last date for filing FY'21 income tax returns (ITRs) for individual taxpayers, there has been surge in e-filing and 46.77 lakh returns were filed in the last seven days. "Over 4 crore Income Tax Returns filed! 46.77 lakh #ITRs filed in last 7 days & over 8.7 lakh #ITRs filed on 21st December, 2021," the I-T department tweeted. The department has been reminding taxpayers to file their returns for fiscal year 2020-21 (ended March 31,2021) by sending SMS and emails to those who have not filed yet. The last date of filing ITR has been extended till December 31, from July 31.

Income-tax return and types of ITR forms

The deadline for filing IT return is drawing close. Many wait till the last moment to finish the exercise, but that is not advisable. Find out the different categories of ITR forms that taxpayers fill

Infosys sets up dedicated war room as deadline for ITR filings nears

Of the e-verified ITRs, more than 23.8 million ITRs have been processed and over 909.5 million refunds for AY 2021-22 have been issued