financial services · Income Tax · income tax return · Taxation

Don’t forget to Verify your Returns after E-filing

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

financial services · Income Tax · income tax return

Did You Miss the ITR Filing Deadline? Here’s what you need to know

  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

financial services · income tax return

Income Tax Department creates a new record with filing of 49 lakh ITRs

A day after the income tax return filing session has been completed, it has created a new world record of online e-filing ITRs in a single day and that too so easily. As per the Central Board of Direct Taxes, nearly 49 lakh income tax return was filed by the taxpayers on August 31st, 2019… Continue reading Income Tax Department creates a new record with filing of 49 lakh ITRs

financial services · Income Tax · income tax return · Taxation · Uncategorized

How To File Revised ITR For AY 2019-20?

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?

financial services · Income Tax · income tax return

Income Tax Return Filing Process Becomes Easy like never before

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

financial services · Income Tax · income tax return

A Complete Guide on Income Tax Refund Status

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