Income-tax (Third Amendment) Rules, 2024 – Notification of Form ITR-7 for AY 2024-2025 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 1st March, 2024 G.S.R 153(E).—In exercise of the powers conferred by section 139 read with section 295 of the Income tax Act, 1961 (43 of 1961), the…
Processing of returns of income validly filed electronically with refund claims under section 119 of the Income tax Act, 1961 for AY 2021-22 till 30.04.2024: CBDT Order dated 01.03.2024 F. No. 225/132/2023/ITA-I Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes **** North Block, the 01st March, 2024 Order under…
Processing of returns of income validly filed electronically with refund claims section 143(1) of the Income-tax Act, 1961: CBDT extends time limits until 30.04.2024 F. No.225/132/2023/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, the 31st January, 2024 Order under section 119 of the Income-tax Act, 1961…
Income-tax (First Amendment) Rules, 2024: Notification No. 16/2024 dated 24.01.2024 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th January, 2024 G.S.R. 64(E).—In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…
Processing of returns with refund claims under section 143(1) of the Income-tax Act, 1961 beyond the prescribed time limits in non-scrutiny cases: CBDT Order under section 119 of the Income-tax Act, 1961 F. No.225/132/2023/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North Block, the 16 October, 2023…
Filing of Income Tax Return (ITRs) by 18-35 years of Age group during FY 2022-23: Lok Sabha QA GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO. 609 TO BE ANSWERED ON MONDAY, FEBRUARY 06, 2023 /MAGHA 17, 1944 (SAKA) FILING OF INCOME TAX 609. SHRI RAM MOHAN NAIDU KINJARAPU:…
Treatment of Income from Different Sources AY 2023-24 (FY 2022-23) under Income Tax as amended by Finance Act, 2022 Treatment of Income from Different Sources I. Income under the head Salaries 1.1 Salary is defined to include: a) Wages b) Annuity c) Pension d) Gratuity e) Fees, Commission, Perquisites, Profits in lieu of or in…
Guidelines under clause (10D) section 10 of the Income-tax Act, 1961 – Exemption on the sum received under a life insurance policy Circular No. 2 of 2022 F. No.370142 /61/2021-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** Dated: 19th January, 2022 Sub: Guidelines under clause (10D) section…
Extension of timelines for filing of Income-tax returns and various reports of audit for the Assessment Year 2021-22: CBDT Circular dated 11.01.2022 Circular No. 01/2022 F. No. 225/49/2021/ITA-II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, dated 11th January 2022 Subject:- Extension of timelines for filing of…
ITR-2 for the FY 2020-21 – Assessment Year 2021-22 – Frequently Asked Questions compiled by Income Tax Department
ITR-1 for the FY 2020-21 – Assessment Year 2021-22 – Frequently Asked Questions compiled by Income Tax Department
Income Tax Return 2021-22 for Salaried Employees – How to to file your Return in the New Income Tax Portal – Step by Step guidance with screenshots