Articles about Income Tax Return

How to apply for PAN instantly on new Income-Tax portal

16 Jun 2021

How to apply for PAN instantly on new Income-Tax portal

Permanent Account Number (PAN) is an important alphanumeric identity issued by the Income Tax Department to all the taxpayers in India.

Everything you should know about I-T Department's new e-filing portal

08 Jun 2021

Everything you should know about I-T Department's new e-filing portal

The Indian government's Income Tax (I-T) department has started using its new taxpayer-friendly portal. The new website (www.incometax.gov.in) replaces the old one (www.incometaxindiaefiling.gov.in).

#Budget2021: Senior citizens with only pension/interest income exempted from ITR

01 Feb 2021

#Budget2021: Senior citizens with only pension/interest income exempted from ITR

In her third Union Budget, Finance Minister Nirmala Sitharaman announced that senior citizens above 75, who rely only on pension and interests for income, will be exempted from filing Income Tax Returns.

FY2019-20 ITR deadline revised: Late filing fees, penalties, and more

24 Oct 2020

FY2019-20 ITR deadline revised: Late filing fees, penalties, and more

The last date for filing income tax returns (ITRs) for assessment year (AY) 2020-21, which is the financial year (FY) 2019-20, has been extended by the government to December 31 for individual taxpayers.

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

24 Mar 2020

Coronavirus crisis: Government waives ATM withdrawal, bank balance non-maintenance charges

In the wake of increasing COVID-19 cases across the country, the government has waived charges on withdrawals from other bank ATMs and the penalty on failing to maintain minimum bank balance for a period of three months.

Coronavirus crisis: I-TR filing deadline extended to June 30

24 Mar 2020

Coronavirus crisis: I-TR filing deadline extended to June 30

In the wake of coronavirus pandemic wreaking havoc on the Indian economy, Union Finance Minister Nirmala Sitharaman announced that an economic package will be rolled out soon.

How to quote your Aadhaar number in Income Tax return

03 Aug 2019

How to quote your Aadhaar number in Income Tax return

August 31, 2019 is the last date to file your Income Tax return for FY 2018-19.

Income Tax: How salaried individuals can file their I-T return

28 Jul 2019

Income Tax: How salaried individuals can file their I-T return

August 31, 2019 is the last date to file Income Tax return for FY 2018-19.

Last date to file Income-Tax return extended to August 31

23 Jul 2019

Last date to file Income-Tax return extended to August 31

In what would come as a relief for taxpayers, the Income Tax department has extended the last date to file I-T returns for FY 2018-19 by one month to August 31.

#FinancialBytes: Now, use Aadhaar instead of PAN for these transactions

17 Jul 2019

#FinancialBytes: Now, use Aadhaar instead of PAN for these transactions

Earlier this month, Union Finance Minister Nirmala Sitharaman presented her and the new Central government's first budget.

#FinancialBytes: List of documents needed to file Income Tax returns

16 Jul 2019

#FinancialBytes: List of documents needed to file Income Tax returns

July 31, 2019 is the last date to file Income tax returns for FY 2018-19.

You may be fined Rs. 10,000 for entering wrong Aadhaar

14 Jul 2019

You may be fined Rs. 10,000 for entering wrong Aadhaar

Banks and other institutions will soon make upgrades to allow people to quote India's national biometric ID (Aadhaar) for high-value transactions in place of the permanent account number (PAN).

Don't have PAN? Now, use Aadhaar to file Income-Tax returns

08 Jul 2019

Don't have PAN? Now, use Aadhaar to file Income-Tax returns

Union Finance Minister Nirmala Sitharaman on Friday, presented her and the new Central government's first budget.

#FinancialBytes: Five ways to verify your Income tax returns

01 Jul 2019

#FinancialBytes: Five ways to verify your Income tax returns

You might think that filing your Income Tax return on time is all you have to do.

#FinancialBytes: Filing income-tax returns? Here are some mistakes to avoid

20 Jun 2019

#FinancialBytes: Filing income-tax returns? Here are some mistakes to avoid

Filing income tax returns (ITRs) on time every year is very important. However, the process of filing ITRs can be quite daunting for many individuals.

#FinancialBytes: Latest ITR-1 changes taxpayers need to be aware of

30 May 2019

#FinancialBytes: Latest ITR-1 changes taxpayers need to be aware of

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers.

#FinancialBytes: How to file income tax returns (ITRs) online?

15 May 2019

#FinancialBytes: How to file income tax returns (ITRs) online?

Income tax accounts for a major part of the government's revenue and salaried individuals form a significant chunk of the overall taxpayers in the country.

#FinancialBytes: Here's how you can file the I-T return yourself

19 Aug 2018

#FinancialBytes: Here's how you can file the I-T return yourself

Every individual, whose total income during a financial year exceeds the maximum income not chargeable to tax, is required to file an income tax return (ITR) as per the Income Tax Act, 1961.

#FinancialBytes: 10 Documents you need while filing your I-T Return

03 Aug 2018

#FinancialBytes: 10 Documents you need while filing your I-T Return

Notably, the deadline for filing of Income Tax Return for the FY 2017-18 has been extended to August 1.

#FinancialBytes: Here's how you can file the I-T return yourself

25 Jul 2018

#FinancialBytes: Here's how you can file the I-T return yourself

Every individual, whose total income during a financial year exceeds the maximum income not chargeable to tax, is required to file an income tax return (ITR) as per the Income Tax Act, 1961.

#FinancialBytes: 10 Documents you need while filing your I-T Return

10 Jul 2018

#FinancialBytes: 10 Documents you need while filing your I-T Return

The deadline for filing of Income Tax Return for the FY 2017-18, i.e. July 31, 2018, is approaching fast.

#FinancialBytes: Missed filing I-T return? Here's what you can do

20 Jun 2018

#FinancialBytes: Missed filing I-T return? Here's what you can do

The due date for filing the Income Tax Return for the financial year 2016-17 was July 31, 2017.

#FinancialBytes: 10 Documents you need while filing your I-T Return

16 Jun 2018

#FinancialBytes: 10 Documents you need while filing your I-T Return

The deadline for filing of Income Tax Return for the FY 2017-18, i.e. July 31, 2018, is approaching fast.

7 start-ups that are currently hiring in Bengaluru

07 Jun 2018

7 start-ups that are currently hiring in Bengaluru

The tech capital of India, Bengaluru, is home to some of India's best companies to work for.

#FinancialBytes: Here's how you can file the I-T return yourself

05 Jun 2018

#FinancialBytes: Here's how you can file the I-T return yourself

Every individual, whose total income during a financial year exceeds the maximum income not chargeable to tax, is required to file an income tax return (ITR) as per the Income Tax Act, 1961.

Income Tax Department launched all 7 ITR forms for e-filing

26 May 2018

Income Tax Department launched all 7 ITR forms for e-filing

The Income Tax Department today launched and activated all the seven Income Tax Return (ITR) forms for e-filing by taxpayers, after over a month of them being notified.

#FinancialBytes: How to file income tax online using ITR Form-1

14 May 2018

#FinancialBytes: How to file income tax online using ITR Form-1

The online portal for filing income tax returns (ITR) for the financial year 2017-18 (assessment year 2018-19) has been opened by the Income Tax Department for those who are eligible for the ITR Form-1 (Sahaj) i.e. people who have incomes of up to Rs. 50 lakh.

SP leader Azam Khan's son guilty of faking date-of-birth

11 Aug 2017

SP leader Azam Khan's son guilty of faking date-of-birth

Samajwadi Party found itself in the middle of yet another controversy, and could be staring at the possibility of losing the UP Assembly membership of former Cabinet minister Azam Khan's son- MLA Abdullah Azam Khan.