Changes in Income Tax Return for AY 2018-19 /FY 2017-18 : Income Tax News [ Part 34] CBDT notifies Income Tax Return Forms for AY 2018-19 Which ITR Form to be filed for AY 2018-19 : Guide
CBDT extends the due date for filing income tax returns for the State of Jammu & Kashmir As per provisions of Section 119 of Income-tax Act, 1961(‘Act’) , Central Board of Direct Taxes extends the due date for filing income-tax returns from 31st July, 2016 to 31st August ,2016 , in case of Income-tax assessees… Read More »
Changes in ITR Form AY 2016-17 1. Changes in ITR Form AY 2016-17 if Earning Above Rs 50 Lakh : Declaration of value of assets and liabilities by Individuals/HUF New Schedule has been introduces in ITR 1, 2, 2A, 3, 4, 4S requiring individuals/HUFs to declare the value of assets and liabilities if their total income… Read More »
INCOME-TAX (NINTH AMENDMENT) RULES, 2016 AMENDMENT IN RULE 12 AND SUBSTITUTION OF FORMS SAHAJ (ITR-1), ITR-2, ITR-2A, ITR-3, SUGAM (ITR-4S), ITR-4, ITR-5, ITR-6, ITR-7 AND ITR-V NOTIFICATION NO. SO 1262(E) [NO.24/2016 (F.NO.370142/2/2016-TPL)], DATED 30-3-2016 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of… Read More »
Issue Assessing officer has erred in law and on facts in computation of the eligible MAT credit available of Rs. 3,90,62,234 without including surcharge and education cess while arriving at the amount of total tax payable under the normal provisions of the Income Tax Act, 1961 and under sec. 115JB of the Act. Held Assessee… Read More »
Income Tax Return : Common Questions and Answers What is Income Tax Return ? It is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the Income-tax Department. Different forms of returns of income are prescribed for filing… Read More »
How to file Income Tax Return Online Register With Income Tax Department To file Income tax return or to View your tax credit statement in Form 26AS you need to register yourself on the Income tax website https://incometaxindiaefiling.gov.in/ Now the Steps for filling online return are hereunder: Step 1: Open the Income Tax portal https://incometaxindiaefiling.gov.in/,… Read More »
EVC Verification of e Return of AY 2013-14 and AY 2014-15 F.No. 2251141/2015/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi, Dated- 20th of July, 2015 Order under section 119(1) of income-tax Act. 1961 Subject: Validation of tax-returns through Electronic Verification Code-reg.- The Central… Read More »