Filling of Income Tax Returns recorded a notable rise of nearly 71 per cent upto Augsut 31 as compared to the corresponding period of last year. The Central Board of Direct Taxes revealed that the total number of ITRs filed online up to August 31, 2018, was 5.42 crore as[Read More…]
Tag: Income Tax returns
I-T return: Income-tax office to remain open until midnight
To facilitate senior citizens and those with income below Rs. 5 lakh to file tax returns for 2016-17, the Income-tax office department declared to remain open until midnight on Saturday. Notably, the last date of filing Income Tax Returns (ITRs) was extended from July 31 to August 5 in view of difficulties faced[Read More…]
Filed your income tax returns? if not, file it today!
The last day to file the Income Tax Returns (ITR) for the financial year 2016-17 and assessment year 2017-18 is today (Monday) though the government has not put any penalties, failing to do it might lead to severe financial losses. The Income Tax department has already made it clear that[Read More…]
Deadline to file Income tax returns won’t be extended beyond 31 July: I-T dept
An official of the IT department on Sunday said that the last date for filing of income tax returns (ITRs) for the financial year 2016-17 will not be extended beyond Monday’s deadline(31 July). “The last date for filing of ITRs remains July 31. There are no plans to extend this[Read More…]
SC stays mandatory linking of Aadhaar card to PAN card for Income Tax returns
The Supreme Court on Friday said that the government cannot make it obligatory to link Aadhaar card particulars to one’s PAN card for Income Tax purposes till the Constitutional Bench decides the matter. The Supreme Court ruled that the government must prepare a scheme to avoid the leakage of personal[Read More…]