financial services · income tax return

How to e-File Income Tax Returns by Uploading Forms Using Excel Utility

Each year the Department of Income Tax comes up with new changes to make tax filing for returns easier for taxpayers. This blog is to educate taxpayers on the step by step process in which one can upload forms and file ITR online. There are normally two processes to file for return online: The first… Continue reading How to e-File Income Tax Returns by Uploading Forms Using Excel Utility

financial services · Income Tax · Taxation

The Amendments in Income Tax Filing in 2017 Back

To simplify tax filing process and to reduce the burden of taxation on the taxpayer, the Central Board of Direct Taxes (CBDT) has made several changes in the tax filing process of the year 2017. The changes which will be applicable from Financial Year 2016-17 are as follows: Change in the Tax Rate The Government… Continue reading The Amendments in Income Tax Filing in 2017 Back

financial services · Income Tax · Taxation

What happens if you miss the deadline for filing Income Tax Returns? Back

Every year, individual taxpayers are required to file their income tax returns by July 31st. This date is known as the due date of filing of income tax return. The government of India may also extend this due date as they deem fit. For the FY 2016-17, the deadline to file the income tax return… Continue reading What happens if you miss the deadline for filing Income Tax Returns? Back