In a relief to taxpayers, the Central Board of Indirect Taxes has extended the deadline to link PAN with Aadhaar to December 31, 2019. Earlier, the last date was September 30, 2019. This notification is issued for the taxpayers who have not linked their PAN with their Aadhaar. As per the Tax Administration, the PAN… Continue reading CBDT Extends PAN, Aadhaar linking to 31 December’19
The Central Board of Direct Taxes (CBDT) has extended the Income Tax Return filing deadline for audit cases from 30th September 2019 to 31st October 2019. As per the Income Tax Act Rule, the ITR should be file by those entities who are assessed under section 44AB of the income tax such as companies, partnership… Continue reading CBDT extends ITR filing deadline for Audit Cases by a month to 31 October 2019
Once your income tax return is processed, it almost takes 30-45 days for you to receive the refund. Taxpayers who have filed their income tax return before July 31 might have received the refund by now. On the other hand, Tax assesses who have filed the ITR around August 31 for the financial year 2018-19… Continue reading Not Got Your Income Tax Refund Yet? Here’s What You Should Do
In the recent statement by the Income Tax Department, it has cautioned all the taxpayers who are holding Permanent Account Number to not to disclose their ten-digit alphanumeric number PAN publicly on the internet and social media. The income tax administration stated that sharing personal information on the micro-blogging such as Facebook, Twitter, and other… Continue reading CBDT Cautions Taxpayers Not to Share PAN Details on Microblogging Sites
After the Income Tax Department has processed the income tax return, it will send an intimation notice to taxpayers under section 143(1) of the Income Tax Act 1961. The individuals who have filed their Income Tax Return for the financial year 2018-19 will receive the intimation on the registered e-mail Address same as registered in… Continue reading Know All About Intimation Notice u/s 143(1)
After you have filed your Income Tax Return it is necessary to e-verify your return. As the ITR filing deadline was August 31, 19 for the financial year 2018-19 thus, all the taxpayers who have furnished ITR should e-verify ITR within 120 days of filing. Because if you do not e-verify the returns than your… Continue reading Don’t forget to Verify your Returns after E-filing
In the tumultuous period of income tax return filing session, numerous taxpayers missed the August 31 deadline for Income Tax Return filing. Did you also miss it? Relax! If you missed the tax deadline you do not need to feel panic about this as there is still a choice to file a belated ITR… Continue reading Did You Miss the ITR Filing Deadline? Here’s what you need to know
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?