Tag: It Return

The scheme was started on June 1, 2015 by Prime Minister Narendra Modi keeping in view the interest of people from unorganized sectors. Under the scheme, beneficiaries in the age bracket of 18-40 reap the benefits of the scheme after turning 50 and 60 years.

Of those still striving to file their ITR, 10 per cent of respondents complained of "difficulty in filing" but expressed keenness to do so.

The Central Board of Direct Taxes (CBDT) has decided to further extend the due dates for filing of Income Tax Returns and various reports of audit for the Assessment Year 2021-22.

New Delhi: The Income Tax Department will “only” issue refunds via the e-mode into bank accounts of taxpayers beginning next month and they should link PAN with their accounts, the taxman said in its latest public communication. The department said refunds will be sent to bank accounts as it will issue “only e-refunds from March 1, […]

The Budget this year presented in July mandated some income tax changes that have come into effect from September 1, 2019. Here are some of the changes that will affect the individuals as much as corporate/companies or business establishments. The government has introduced a new Section called 194N in income tax laws under which cash […]

New Delhi: The Central Board of Direct Taxes (CBDT) has notified new Income Tax Return Forms for the Assessment Year 2020-21 or the financial year 2019-20. The modifications come in the backdrop of the coronavirus pandemic. In a notification, the Finance Ministry said it issued ITR-1 (Sahaj), ITR-2, ITR-3, ITR-4 (Sugam), ITR-5, ITR-6, ITR-7 and […]