State Bank of India (SBI) offers a new facility to its clients that will allow them to file their income tax return (ITR) for “free”. So if you are an SBI customer and haven’t filed ITR yet, this new facility could be helpful as the deadline for filing tax returns …
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NEW DELHI: After intense lobbying by public accountants and tax professionals, the government has granted a new extension to those who have not filed their returns, citing Covid-19 as the reason. Most individual taxpayers, who were previously required to file their returns by December 31, have been given another 10 …
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NEW DELHI: On Wednesday, the government further extended the deadline for filing income tax returns (ITR) for the 2019-20 financial year (2020-21 assessment year) for individual taxpayers by 10 days until January 10 2021 in the wake of the Covid-19 pandemic. In a tweet, the IT department said: “In view …
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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 …
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As the 2019-20 fiscal year ended in the middle of the full lockdown on March 31, 2020, several compliance dates were extended, including the due date for filing ITR for AY 2020-21. Each year, the due date for filing the income tax return (ITR) used to be July 31 of …
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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 …
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NEW DELHI: On Wednesday, the Income Tax (TI) department extended the ITR filing deadline for fiscal year 2019-20 (financial year 2018-19) from September 30 to November 30 due to the situation of Covid-19. The IT department took to Twitter and wrote: “Following further consideration of the genuine difficulties taxpayers face …
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