One-time relaxation for Verification of tax-returns for the AY 2015-16 to 2019-20 which are pending due to non-filing of ITR V form and processing of such returns
E-filing of Income Tax Returns for the FY 2018-19 has increased to 19% compared to FY 2017-18
There have been some incorrect reports in media pertaining to reduction in numbers of Income Tax Returns(ITR) e-filed during Financial Year(F.Y.)…
Can I take a home loan and buy a house in my wife’s name, who is a housewife? Since I am working I will pay the EMI. We plan to rent out the house and show the rental income in her income to reduce my tax. Is this possible? Umesh Sinha…
Last Date for filing Income Tax Return has been extended till 15th September 2018 in Kerala
Press Information Bureau
Government of India
Ministry of Finance
28-August-2018 19:00 IST
Extension of date for filing of Income Tax Returns…
The process of ITR can be quite cumbersome in the absence of efficient financial planning, and any negligence on the tax payer's part can lead to undue payment of tax.
The Income Tax Department today launched and activated all the seven ITR forms for e-filing by taxpayers, after more than a month of them being notified.
Tax payers can use Aadhaar based e-verification of their Income Tax Returns (ITR) for making ITR filing easier and quicker, informed UIDAI on it's official twitter handle.
The latest ITR -1 form, largely used by the salaried class of taxpayers, has been activated on the official e-filing portal of the Income Tax Department.