No Due Date Extension? Income Tax Dept mandates filing of ITR on 31st July
The Income Tax Department has issued an advisory mandating the filing of income tax returns ( ITR ) by 31st July. This hints at no further extension of the last date to the taxpayers. The
Income Tax Alert: ITR-2 & 3 available in Portal for E-filing
The Income Tax department has enabled the facility to file ITR 2 and 3 in the official portal. “ITR 1, 2, 3 & 4 for AY 2019-20 is now available for e-Filing. Other ITRs will
Income Tax Returns: CBDT enables Common Offline Utility for ITR-1 and ITR-4
The Central Board of Direct Taxes (CBDT) enables common offline utility for filing Income Tax Returns ITR -3 and ITR - 4 for the Assessment Years 2023-24 on 9th June 2023.  The offline utility for
Income Tax Returns: CBDT notifies Common Offline Utilities For ITR-1 To ITR-4 For AY 2022-23
The income tax department has announced that e-filing of ITR 1 and ITR 4 for AY 2022-23 is enabled. The Central Board of Direct Taxes (CBDT) has notified the common utilities for the filing of
Income Tax Returns: CBDT issues revised instructions for filing of ITR-2, 3, 5, 6 & 7 for better clarity [Read Instructions]
The Income Tax Department issued revised instructions for filing of Income Tax Return (ITR) 2, 3, 5, 6 & 7 for better clarity. The department while issuing the Instruction for use of offline utilities guided
Income Tax Update: Excel utilities of ITR 1 and ITR 4 for AY 2023-24 are Available for filing
The Income Tax department, though its official e-filing portal has informed the taxpayers that the excel utilities of ITR 1 and ITR 4 for AY 2023-24 are available for filing. “Excel utilities of ITR 1
All ITR Forms ready for E-Filing: Income Tax Dept
The income Tax department has launched all the income tax forms for e-filing. This is after more than a month of them being notified. The Central Board of Direct Taxes (CBDT) had notified the new
Income Tax Return: Detailed Guide on filling ITR‐1 SAHAJ
The Central Board of Direct Taxes (CBDT) notified the instructions are guidelines to help the taxpayers for filling the particulars in IncomeTax Return Form‐1 for the Assessment Year 2021‐22 relating to the Financial Year 2020‐21.
Income Tax Return: JSON enabled only for ITR 1 and ITR 4, CBDT introduces ITR Offline utility for AY 2021-22 [Read Instructions]
The Income Tax Department has introduced the offline utility  for Assessment Year 2021-22, based on new technology JavaScript Object Notation (JSON), has been enabled only for ITR 1 and ITR 4, other ITRs will be
CBDT relaxes eligibility conditions for Filing of Income Tax Return Form-1 (Sahaj) and Form-4 (Sugam) for AY 2020-21
The Central Board of Direct Taxes (CBDT) has granted relaxation to eligibility conditions for filing of Income Tax Return Form-1 (Sahaj) and Form-4 (Sugam) for the Assessment Year 2020-21. In order to ensure that the
File ITR quickly and get it processed instantly: Income Tax Dept. started Quick Processing for ITR-1 and 4
The Income Tax Department has introduced the ‘Jhatpat Processing’ with the tagline of File Karo Jhat Se, Processing Hogi Pat Se which means file your income tax return and get it processed quickly. The Jhatpat
ITR-3 available in Income Tax Portal
The Income Tax Department has enabled ITR-3 which is applicable for individual and HUF who have income from profits and gains from business or profession. A total of four ITR Forms including ITR-1, 2, 3
S. 143(1)(a)(vi) would not be invoked in case of Discrepancies in Form 26AS or Form 16/16A: CBDT [Read Instructions]
The Central Board of Direct Taxes (CBDT), on Wednesday said that discrepancies in Form 26AS or Form 16/16A would not be considered for the purpose of Section 143(1)(a)(iv) of the Income Tax Act, 1961. As
Direct Tax Collections rise 15.7% till Sept 18th, says FM Arun Jaitley
Income Tax Department takes various initiatives to bring about efficiency, transparency, and fairness in Tax Administration; Government is committed to widen the tax base by encouraging and incentivising the new tax payers; Number of tax
Income Tax Department releases JSON Schema for ITR-1 and ITR-4 for AY 2024-25
The Income Tax Department released the JSON Schema for Income Tax Return ( ITR ) forms 1 and 4 for the Assessment Year (AY) 2024-25 on 18th March 2024. This release occurred 23 days early