Tue, Mar 28, 2023
ITR e-Verification: The taxpayers through the e-Verification process get a chance to e- verify the information received from financial institutions
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Thu, Jul 28, 2022
Data suggest that over 50 lakh ITRs were filed on the last date last time. This time as well, the Revenue Secretary said, that the last date could see huge traffic on the I-T filing portal, expecting around 1 crore returns on July 31.
Wed, Dec 29, 2021
The Central Board of Direct Taxes mentioned that large number of electronically filed ITRs for the Assessment Year 2020-21 still remain pending with the Income-tax Department for want of receipt of a valid ITR-V Form at CPC, Bengaluru or pending e-Verification from the taxpayers concerned.
Mon, Dec 06, 2021
The Income Tax Department launched the new e-filing portal on June 7, 2021. However, following the launch, there were several complaints about various glitches on the portal.
Wed, Jun 09, 2021
The income tax department on Monday, June 7 launched a new e-filing portal www.incometax.gov.in. The portal will provide an easier way of online filing of returns and tax payments to the taxpayers.
Tue, Jun 08, 2021
The Income Tax Department has launched the new ITR e-filing 2.0 portal for all the taxpayers yesterday, June 7, 2021. Now, one can enjoy hassle free filing of ITR by logging in to the new ITR e-filing 2.0 portal at incometax.gov.in.
Sun, Jun 06, 2021
A new taxpayer-friendly e-filing portal of the Income Tax Department will be launched on June 7. The website will offer a lot of new features to the taxpayers of the country.
Fri, Jun 04, 2021
There is an important piece of information for the income taxpayers. The income taxpayers will be able to file their income tax returns (ITR) via mobile also.
Thu, May 20, 2021
The Income Tax Department is all set to launch a new website for filing income tax returns (ITR). Due to the launch, the existing e-filing portal will be closed.
Wed, Dec 26, 2018
2018 is about to end. You may still have a lot of unfinished resolutions. Some of them, you may still commit to in the New Year. However, there are some financial works that can't wait.
Fri, Dec 14, 2018
It further cautioned the taxpayers to beware of fake refund messages claiming to be from the IT department, saying "We will never ask for your debit card details or CVV number to process your refund." The message in very clear terms has asked people never take up such calls and never click at the messages which seek details related to their debit card.
Tue, Oct 30, 2018
During the course of assessment, the tax officer scrutinised both returns and accepted the revised return. However, during the course of audits conducted by the I-T department on assessments by tax officers, it was observed that in this case, the tax officer had made an error by accepting the revised return. The audit objection noted that the taxpayer is an HUF and not an individual.
Wed, May 17, 2017
Presumptive Taxation involves the use of indirect methods to compute tax liability, where the taxable income is calculated based on assumptions instead of actuals.
Tue, Apr 25, 2017
With the end of the financial year, the process to file tax return has been started. The salaried class people must have already started the process by downloading the necessary forms from the official income tax department website.
Mon, Aug 08, 2016
Avoiding long queues of filing income tax returns, the e-filing of income tax made it possible to garner more taxpayers online.
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