Govt extends e-filing date for income tax returns to 31 Aug
The government today extended the last date for e-filing of income tax returns till 31 August after power failure disrupted normal life in many parts of the country. The post Govt extends e-filing date...
View ArticleEarn less than Rs 5 lakh? There’s a special IT return counter for you
The Central Board of Direct Taxes (CBDT) has set up special income tax return counters for those earning income up to Rs 5 lakh. From July 25 to 31 (except 27th and 28th July being holidays), special...
View ArticleHow to file your tax returns if you have missed the 5 Aug deadline
There are options for those who haven't filed their returns on time. The IT department gives up to two financial years as grace period. The post How to file your tax returns if you have missed the 5...
View ArticleModi’s big achievement: Government is now more visible than before
Despite many achievements, the overpowering impression is that Modi has delivered less than he promised. However, one thing is certain: the government and leadership is now more visible than in the...
View ArticleITR forms for AY 2016-17 to be notified early April
Finance Ministry is likely to notify by first week of April new income tax return forms for Assessment Year 2016-17 which will more or less be similar to the one that was filed by assessees last year....
View ArticleITR Form: Experts call for more details on asset disclosure
People earning more than Rs 50 lakh will find it challenging to declare cost of inherited properties and gift items in the new Income Tax Return (ITR) Form for the Assessment Year 2016-17, say tax...
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