Page 3 - Income Tax Filing

Income below exemption limit? File tax return, nonetheless, say experts

Offsetting losses against future income or receiving tax refund is only possible when you do so

Glitches continue to mar I-T portal functioning even after review: Report

A month after its launch and two weeks after the finance minister reviewed its functioning, technical glitches continue to mar the functioning of the new income tax portal

Businesses need not deduct TDS on share purchases via exchanges: CBDT

Businesses had said there are practical difficulties in implementing the provisions of Tax Deduction at Source (TDS) contained in a rule.

Rectifying mismatch between 26AS, Form 16 crucial before filing returns

Taking excess credit during ITR filing could lead to notice from tax dept

Income-tax portal 2.0 likely to allow payments by UPI, credit cards

More pvt lenders set to be given authorisation for providing services

New income tax e-filing portal continues to face technical glitches

Users continue to face technical glitches ranging from longer than usual logging time, inability to respond to notices and not all features functioning yet

New tax portal to make self-filing a breeze but proceed with caution

Be doubly cautious if filing via a mobile app

New e-filing portal to be mobile friendly, have manuals, videos: I-T Dept

The Income Tax Department on Saturday said it will launch on June 7 its new portal e-filing 2.0, which will be mobile friendly, have pre-filled ITR form and simplified utility

ITR filing deadline for FY21 extended to Sept 30 due to Covid

The deadline for issuing Form 16 by employers to employees has been extended by a month till July 15, 2021, the CBDT said

Govt extends FY21 ITR filing deadline for individuals till September 30

The government on Thursday extended the due date of filing income tax returns for 2020-21 for individuals by two months till September 30.

Income Tax Dept to launch new e-filing portal for taxpayers on June 7

The Income Tax Department is expected to launch a new e-filing web portal for taxpayers, which they use to file routine ITRs and perform other tax-related works, early next month, officials said

Bidens paid 25.9% rate and earned $607,336 in 2020, tax returns show

President Joe Biden restored a long-standing presidential tradition by releasing his tax returns, showing that 25.9% of the first couple's income went to the federal government in 2020

Salary income of Indian workers in Gulf exempt from income tax: Sitharaman

Finance Minister Nirmala Sitharaman on Thursday said salary income earned by non-resident Indians in Gulf countries would continue to be exempt from tax in India.

PAN, Aadhaar linking deadline ends today, here's how to do it step-by-step

An individual will be levied Rs 1,000 as a fine if the Aadhaar and PAN are not linked after March 31, 2021

Budget proposals will ease taxpayers' burden from April 1, say experts

But changes like taxation of EPF contributions above Rs 2.5 lakh will pinch the wallet

I-T refunds worth over Rs 1.95 trillion issued so far this fiscal

Refunds have been issued to over 19.3 million taxpayers so far this fiscal

Over 47.3 million ITRs filed till December 30 for fiscal 2019-20

The government has extended the deadline for filing ITR till January 10 for individuals

Mistakes you should avoid while filing your income-tax return this year

An incorrect form can render the return defective; under certain circumstances, you may have to file a return even if your income is below the exemption limit

Deadline to file income tax return extended by a month till December 31

For those taxpayers whose accounts need to be audited, the Income-Tax Return filing deadline has been extended by two months till January 31, 2021

I-T department puts in place safeguard measures for e-assessment

Aims to address fears that the process may lead to a rise in ad hoc additions in demand