Tue, Dec 17, 2024
Minister of State for Finance Pankaj Chaudhary said there is an increase in filing ITR with over 8.09 crore income tax returns were filed in fiscal 2023-24, up from over 7.40 crore in 2022-23. In FY22, the number of ITRs filed was over 6.96 crore, up from over 6.72 crore in FY21 and over 6.48 crore in FY20.
More >
Wed, Nov 13, 2024
There has been a significant increase in income tax compliance in the country with more than five-fold growth in the Rs 50 lakh-plus income category, according to sources.
Sat, Oct 26, 2024
ITR Filing Deadline Extend: The income tax department has announced a 15-day extension for corporates to file their income tax returns, moving the deadline to November 15 for the assessment year 2024-25.
Tue, Feb 08, 2022
Ran out of ideas to save income tax on your salary? Here are 7 ways you can get the best returns and save your hard-earned money.
Sun, Jan 23, 2022
Finance Minister Nirmala Sitharaman will be presenting Union Budget on February 1, 2022. The common man, especially the middle class, has been anticipating a change in the tax slab from the government. But do you know the journey of how income tax slabs changed in the past decades? Here are all the changes that income tax & its IT slab went through ever since India got independence.
Sun, Jan 02, 2022
As on 10 January, 2021 (the extended due date for ITRs for AY 2020-21), the total number of ITRs filed was 5.95 crore with 31.05 lakh ITRs filed on the last day on 10 January, 2021 as against over 46.11 lakh ITRs filed on the last day this year
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.
Fri, Dec 17, 2021
In the income tax return (ITR) forms, incomes to be declared are broadly categorized under 6 heads...salary, business, house property, capital gains or losses and income from other sources (IFOS). Watch the full video to know why these incomes are important and how you can manage these while filing your Income Tax Return.
Sat, Oct 30, 2021
More than 1.95 crore ITRs for AY 2021-22 have been e-verified till 28th October 2021. Out of this, 86% were verified using Aadhaar OTP.
Tue, Oct 05, 2021
Once you have submitted your Income Tax Return (ITR), it is important to verify the same in order to complete the filing process.
Mon, Sep 20, 2021
The last date of filing Income Tax Return for FY 2020-21 has been extended to December 31, 2021. If a taxpayer holds unlisted equity shares and is confused if details regarding it should be mentioned in ITR forms or not, then here is what you need to know.
Fri, Sep 10, 2021
The central government on Thursday extended the deadline till December 31 for filing of income tax returns by individuals for the financial year 2021, amid the coronavirus pandemic and technical glitches in the IT portal. Check the details here:
Mon, Sep 06, 2021
Income Tax Return Filing: In line with the announcement from Finance Minister Nirmala Sitharaman during the Budget Speech 2021-22, the income tax department has notified declaration forms to be filed by senior citizens aged 75 years and above with the banks to get exemption from filing I-T return for fiscal year 2021-22
Wed, Sep 01, 2021
The due date for filing Income Tax Returns has been extended to September 30, 2021. However, if you fail to file the returns then you may have to pay late filing fees of Rs 5,000.
Tue, Jul 13, 2021
ITR as Proof of Income – Salaried class have the benefit of Form 16 which is issued by their employer and it acts as an income proof for individual. However, for the people who are self-employed, ITR filing document serves as an authentic income proof. It gives a detailed break-down of income and expenses incurred by these individuals during any financial year
Wed, Jul 07, 2021
The Income Tax Department (ITD) introduced the Faceless Assessment Scheme, a team-based assessment with dynamic jurisdiction, to ease compliance for taxpayers.
Tue, Jun 22, 2021
The date of linking PAN-Aadhaar is approaching. If you haven’t linked them yet, then definitely do.
Thu, Jun 17, 2021
Employed people have to file an income tax returns every year and Form 16 is required to do the same. If for some reason you have not received Form 16, you can still file your return.
Mon, Jun 07, 2021
Filing your income tax returns have been made much easier now! All thanks to the new Income Tax portal which is LIVE NOW. It is not only easier now to file your returns quickly but also to get refund in a quick manner. The new portal is much more modernised. It will now be possible to file your returns through your mobile phones as well. Tax Expert Sunil Garg speaks to Zee Business’ Swati Raina on this
Sat, May 22, 2021
An income tax return (ITR) is a form filled by taxpayers to report his/her annual income. It can also be filled in the absence of income. Recently, the government has extended the due date of filing income tax returns for Assessment Year 2021-22 by two months that is till September 30 from July 31, 2021.
Fri, Apr 02, 2021
Amid the ongoing crisis due to COVID pandemic, the Central Board of Direct Taxes (CBDT) has announced that it has notified new Income Tax Return Forms (ITR Forms) for the Assessment Year 2021-22.
Wed, Mar 31, 2021
The new financial year 2021-22 is going to begin from 1st April 2021 i.e. from tomorrow. But, with the end of the current fiscal, some important deadlines are also ending today.
Tue, Mar 30, 2021
ITR Filing: The deadline for Income Tax Return (ITR) filing for AY 2020-21 is 31st March 2021. So, will there be a grant of extension for ITR filing?
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
