Bhubaneswar/New Delhi: The deadline for linking Aadhaar with Permanent Account Number (PAN) was extended by the Central Government on Monday. The Aadhaar-PAN linking can now be done till August 31. The decision was taken after a joint meeting of Revenue department and CBDT officials held in the finance ministry yesterday. Central Board of Direct Taxes […]
Himanshu Kar alias Happy, a close associate of suspended Assistant Director of Factories and Boilers (Medical) Dr Motilal Gouda, had a business turnover of Rs 3.5 crore through contract jobs in 2014-15, Income Tax Returns filed by his wife have revealed
New Delhi: The Supreme Court on Friday questioned the maintainability of a petition challenging the provision mandating linking of Aadhaar with PAN number and for filing income tax returns. The top court said it had already upheld the validity of an Income Tax Act provision making Aadhaar mandatory for the allotment of permanent account number […]
The new e-filing portal is aimed at providing taxpayer convenience and a modern, seamless experience to taxpayers, ministry of finance said in a statement.
Even though the last date for the linking of Aadhaar and PAN card has been extended by sixth time till September 30, 2019, you may not get relief. The Central Board of Direct Taxes (CBDT) has said taxpayers would have to mandatorily quote and link Aadhaar number while filing the return of income. It is […]
New Delhi: The Income Tax Department on Saturday announced extension of the last date for filing Income Tax returns (ITR returns). In view of the challenges faced by the taxpayers amid the Coronavirus pandemic, the Income Tax Department’s announced that all Income Tax Returns can now be filed latest by November 30, 2020. “Understanding & […]
New Delhi: Taxpayers will not be required to mention their high-value transactions in their income tax returns, officials aware of the development said. “There is no such proposal to modify income tax return forms,” an official said, responding to reports of the proposed expansion of reportable financial transactions to include hotel payments over Rs 20,000, […]
In view of the challenges being faced by taxpayers in meeting statutory compliances due to the COVID-19 pandemic, the Centre has extended the dates for various compliances. (A) The due date for furnishing of Income Tax Returns for the taxpayers (including their partners) who are required to get their accounts audited [for whom the due […]
Bhubaneswar: The Central Board of Direct Taxes (CBDT) has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2021-22 (FY 2020-21). To facilitate taxpayers and minimize the compliance burden, no significant changes have been made in the ITR Forms this year as compared to last year’s Forms. Only the bare minimum changes necessitated […]
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