The deadline for ITR submission for individuals is January 10. Income tax return (ITR) filing AY 2020-2021: More than 25 lakhs ITR submitted as of 9pm today. Of these, more than 2.2 lakh RTI presented between 8 and 9 pm. Up to 17,97,625 ITRs were filed until 6 pm today …
Read More »AY 2020-21 Income Tax Return Filing Latest Updates: Urgent ITR Due Date! 7.6 Lakh statements filed
The Income Tax Department said in a tweet that 7,65,836 ITRs were filed until 1600 hours today and 1,35,408 ITRs in the last hour. Filing income tax returns AY 2020-21 Latest updates: With just two days to go, more than 12 lakh of income tax returns (ITR) were filed as …
Read More »ITR filing made simple with Jhatpat processing – this is all you need to know
The ‘Jhatpat Processing’ feature would help taxpayers to file their tax returns smoothly. As the deadline for filing the ITR for the 2019-20 tax year or the 2020-21 tax year approaches, the Income Tax Department has created the ‘Jhatpat Processing’ function. The Income Tax Department has introduced a new initiative, …
Read More »ITR Filing for AY 2020-21: Filing Your Income Tax Return? Avoid these mistakes
Even if your income is below the exemption threshold, you must file tax returns if you have paid an electricity bill of Rs 1 lakh or more during the year or spent Rs 2 lakhs or more on overseas trips. Filing an income tax return (ITR) is usually the last …
Read More »Explained: Why the Government Has Extended Dates for Filing Income Tax Returns
By: ENS Economic Bureau, edited by Explained Desk | New Delhi | Updated: October 24, 2020 7:00:48 pm The deadline for filing personal income tax returns for the 2019-20 fiscal year has been extended by one month until December 31. The government has further extended the filing deadlines for income …
Read More »2020 Income Tax Return: How To E-File ITR In Easy Steps – A Smart Accountant
Since the software allows the comparison, reconciliation and rectification of errors, in addition to pre-filling and validating errors, it saves users later legal problems. Today, taxpayers can file income tax returns (ITR) through three modes: offline, online, and software. While this simplifies the process, certain modalities must be scrupulously followed …
Read More »Deadline to submit ITR for AY20 extended to November 30
NEW DELHI : The Central Board of Direct Taxes (CBDT) on Wednesday further extended the last date to file ITR for the 2019-20 fiscal year (2018-19 fiscal year). The date has been extended from September 30 to November 30, 2020. The IT department, in a statement, said the decision was …
Read More »