Tag: Income Tax Filing

The Income Tax Department has now created dedicated e-mail ids for registering grievances in respect of pending cases under the Faceless Scheme

New Delhi: The Income Tax department has notified changes in Form 16 that requires more details about deductions under tax saving schemes, investment in tax saving schemes and income from other sources. The amended form will come into effect from May 12, 2019. The move is aimed at stricter scrutiny of claims made by assessees […]

With an aim to facilitate hassle-free filing of income tax returns by all categories of tax payers, the Income Tax has launched a lite e-filing facility. In a public advisory, the Income Tax department said the ‘e-Filing Lite’ is a lighter version of the e-Filing portal. Users can access the ‘e-Filing Lite’ by clicking a […]

New Delhi: The Income Tax Department has issued a lengthy instruction manual running into hundreds of pages for filling up the tax returns for the assessment year 2020-21. The Income Tax Department has issued a detailed step by step reckoner for filing tax returns to be submitted under different heads. These instructions are guidelines to […]