Jun 14, 2021 03:37 PM IST
The new portal, "http://www.incometax.gov.in/"www.incometax.gov.in, was launched last Monday (June 7), which the tax department as well as the government said was aimed at making compliance more taxpayer-friendly.
- Jun 08, 2021 05:17 PM IST
"Thank you all for being patient with us during our transition to the new e-filing portal. The e-filing 2.0 went live at 8:45 pm today & represents an important milestone in our constant endeavor to make the compliance experience more taxpayer-friendly," The Income Tax Department tweeted on June 7.
- May 20, 2021 12:59 PM IST
An order issued by the systems wing of the department on Wednesday said the "transition" from the old portal -- www.incometaxindiaefiling.gov.in -- to the new --www.incometaxgov.in -- will be completed and made operational from June 7.
- Mar 27, 2021 03:12 PM IST
There are several notified charities and relief funds through which a deduction of 100 percent can be claimed.
- Mar 26, 2021 10:15 AM IST
Health check-up costs, rent paid to parents and stamp duty on house registration can be claimed for tax deductions
- Mar 24, 2021 11:38 AM IST
SEBI's new rule means that units would be allotted only when the money hits the fund house's account. Any delay could result in loss of tax deductions for this fiscal
- Mar 23, 2021 03:06 PM IST
The tax department, insurance companies or even a court hearing a financial case must pay penal interest for delayed settlements
- Mar 14, 2021 08:48 AM IST
Income tax rules state that if your annual estimated income tax in the current financial year is at least Rs 10,000, then you have to pay advance income tax in four installments throughout the year. Your last installment deadline for income earned in 2020-21 is March 15, Monday.
- Apr 08, 2020 02:05 PM IST
A senior official said the advisory has been issued in the wake of an increased vulnerability and attacks on online systems as the country and the world battle the COVID-19 pandemic and more online systems are being used due to a major scaling down of human interface.
- May 06, 2019 08:03 PM IST
CBDT clarified that during FY 2017-18, out of a total of 6.74 crore ITRs which were e-filed, 5.47 crore ITRs were filed for AY 2017-18. In comparison, during FY 2018-19, a total of 6.68 crore ITRs were e-filed, which included 6.49 crore ITRs of AY 2018-19.
- Nov 01, 2017 08:03 AM IST
A senior official said the Central Board of Direct Taxes (CBDT) took the decision to extend the deadline by a week, considering the "representations made by various stakeholders".
- Feb 13, 2017 02:22 PM IST
There are many with income above basic exemption limit who do not file returns even though it is mandatory. However, stiff penalties proposed to levied in Budget 2017 for late filing would ensure that taxpayers file their returns in time.
- Jul 19, 2016 05:36 PM IST
The portal is expecting over 3 million tax filings in the next 15 days.
- May 27, 2016 05:14 PM IST
CBDT has extended the time limit
for e-filing of the first appeal before a tax officer by a
month to June 15 after taking cognisance of complaints made by
taxpayers in complying with the exercise, operationalised for
the first time this year.
- Feb 15, 2016 07:05 PM IST
The Central Board of Direct Taxes (CBDT), the nodal authority for framing policies for the IT department, has also asked tax officials to issue orders in writing in these cases instead of just uploading them to the taxpayers' e-filing account.
- Jan 25, 2016 07:38 PM IST
The new e-filing system, operationalised last year, allows online verification of a person's ITR (Income Tax Return), thereby ending the practice of sending paper acknowledgment to the Centralised Processing Centre (CPC) of the IT department located in Bengaluru.
- Sep 24, 2015 04:52 PM IST
The apex policy-making body of the I-T department is actively working to ensure that this customer-friendly measure can be launched for taxpayers from the next financial year.
- Sep 21, 2015 06:35 PM IST
The top boss of the I-T department said the Board is constantly trying to strengthen its information systems in both the domestic and international arena in order to create the â€œcapacity to catch hold of such people who are spoiling country‘s tax compliance culture.â€
- Jul 28, 2015 10:37 AM IST
An individual can file his or her tax return until the completion of two financial years from the end of the financial year for which the return is to be filed.
- Jul 21, 2015 03:33 PM IST
The Income Tax department has launched a e-filing link on its official website for declaring illegal foreign assets and black money using the one-time compliance window notified recently by government.
- Jun 15, 2015 08:16 PM IST
The key objectives of the survey are to assess the implementation of various factors enabling ease of doing business in a state and to do a comparative study of states with regards to the implementation status.
- Jun 01, 2015 08:20 AM IST
The main ITR form will not contain more than three pages, while 'other information' will be captured in the "schedules" which will be required to be filled only if applicable.
- Oct 16, 2014 11:16 AM IST
Modi inaugurated the 'Pt Deendayal Upadhyay Shramev Jayate Karyakram' organised by the Labour Ministry which will feature a day-long conference of labour, employment, health and vocational training ministers of the various state governments.
- Aug 05, 2013 08:31 PM IST
The e-filing of income tax returns have registered a 48 per cent rise with more than one crore assesses doing it in the first four months of the current fiscal year 2013.
- Jul 13, 2012 04:12 PM IST
The CBDT has made filing of IT returns electronically mandatory for individuals with annual income of Rs 10 lakh or above. Along with this, there are also several changes that will have significant impact on the information one disclose. Financial advisor Jitendra Solanki shares few tips which will help us during the process of e-filing.