The deadline to file Income Tax Return for the Assessment Year 2019-20 is fast approaching and there are times when taxpayers make mistakes while filing Income Tax Return. In case you have filed faulty Income Tax Return, here are the steps about how you can correct the blunders that you made and file revised ITR for… Continue reading How To File Revised ITR For AY 2019-20?
The Income Tax Department has made income tax return filing process easier like never before. Now, the taxpayers can e-file their returns without any hurdles. A few days back, the Income Tax Authority has implemented new income tax return filing relief to individuals by facilitating the lite e-filing facility and quick procedure for ITR verification.… Continue reading Income Tax Return Filing Process Becomes Easy like never before
To make Income Tax Return efiling procedure more relaxed, the income tax department has launched e-verify Return for e-verification of ITR without login. According to this, the ITR filing can be accessed by clicking e-verify return button in the home page under quick links without logging-in to your account. Before this update, the CBDT has… Continue reading HOW TO VERIFY ITR WITHOUT LOGIN TO YOUR E-FILING ACCOUNT?
If any individuals have filed their income tax return and have paid more tax than what was outstanding is eligible to receive a refund. Usually, refund arises when taxes paid by the taxpayer are more than their actual liability including interest. It could be in the form of advance tax, self-assessment tax, tax deducted at… Continue reading A Complete Guide on Income Tax Refund Status
Income Tax Department has launched the ‘Lite’ e-filing website on Thursday to help taxpayers file returns quickly and more efficiently. The facility was operationalised on the official portal of the department income tax India efiling login http://www.incometaxindiaefiling.gov.in. The home page has a new ‘Quick ITR Filing’ link through which users can click on ‘e-Filing Lite’, which… Continue reading Income Tax Department Launches ‘Lite’ E-filing facility for Taxpayers
After the income tax department has extended the deadline to 31st August from 31st July ‘19’, the taxpayers have now adequate time to file their returns. Reportedly, the extension notice came as a relief for individuals who have been facing multiple snags while filing returns. Meanwhile, as per some tax professionals, the Tax Department has… Continue reading Here’s why Govt has extended due date for filing ITR to August 31
E-verify income tax return is the most important and last step of filing ITR. Once the individuals file their income tax return they can easily apply for e-verification either by online mode or offline. In an offline method, you get around 120 days to e-verify your income tax returns. But now, this step has been… Continue reading How to E-verify Income Tax Return using Aadhaar Card?
The income tax authority has extended the due date for income tax return filing to 31st August from 31st July ’19’. The CBDT took this decision on Tuesday to provide a relief for taxpayers who were facing difficulties while filing the income tax return. With the extension of the deadline, there is a sufficient time… Continue reading CBDT extends the Due Date for filing Income Tax Returns to 31st Aug ’19’
As only nine days left for the income tax return filing and the clock is ticking for taxpayers who are still waiting to file their income tax return for the assessment year 2019-20. Generally, if individuals would not file income tax return will be responsible to pay penalty for not filing ITR before the deadline.… Continue reading Hurry up! Just a few days left to File Income Tax Return for the FY 2018-19
The Central Board of Direct Taxes (CBDT) on Tuesday refuted reports in social media about changes being executed in ITR forms 2 and 3. The income tax department stated that only the utility software has been updated which is not going to hamper the filing of returns. Meanwhile, there were reports in social media that… Continue reading CBDT Rejects Social Media Rumours on ITR Filing, Says No Change in Income Tax Return Forms