ITR

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 5th April, 2018 PRESS RELEASE CBDT notifies Income Tax Return Forms for Assessment Year 2018-19 The Central Board of Direct Taxes(CBDT) has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2018-19. For Assessment Year 2017-18, a … Read more

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  Press Release 14th July, 2015  Subject: Commencement of Electronic Verification of Income Tax Returns for AY 2015-16-reg-.                 Official Spokesperson, CBDT  

Press Information Bureau Government of IndiaMinistry of Finance 01-July-2015 17:43 IST Electronic Filing of Income Tax Returns for 2015-16 Commences; ITR 1-Sahaj, 2 and 2A can be Used by Individuals or HUF Whose Income Does not Include Income from Business;  ITR 4S – SUGAM can be Used by an Individual or an HUF Whose Income Includes … Read more

Income Tax Return Forms ITR 1, 2 and 4S Simplified for Convenience of the Tax Payers;   A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains, Income from Business/Profession or Foreign Asset/Foreign Income; In Form ITR 2 and the New Form ITR 2A, the Main … Read more

CBDT in its Notification No. 41/2015 dated 15-Apr-15 has made several changes in Rule 12 of Income Tax Rules, 1962 which is related to Condition of Filing of Income Tax Return. A brief summary of changes is as follows:- Return filing type Conditions E-filing with DSC compulsory if For ITR-4 or ITR-5 and 44AB audit is … Read more

 Most of income tax returns are filed online and taxpayers are giving the computerized printed copy as an acknowledgement of Income Tax Return, called as ITR-V. Therefore it is difficult for bankers to check the genuineness of ITR as it is just computerized printed pdf copy. Following are the two options for verification of ITR acknowledgement. Option 1 – Download … Read more