KNOW ALL ABOUT : Tax filing
Merely paying the due amount of tax is not sufficient. In addition, the I-T rules require a taxpayer to also file I-T return whether taxes are due or not. Therefore, for all those with income above the exempted limit, I-T return filing within the due date is a must. A look at ET articles to help you file your I-T returns with ease.
Government weighs the option to allow usage of Aadhaar Card for Income Tax return
CBDT and UIDAI will together look at discussing a mechanism that will enable this. Sources have ind...
Budget 2017 proposes a fee for delayed filing of income tax return
However, for small taxpayers or where where the total income does not exceed Rs five lakh, it is "proposed that th...
All I-T returns must be filed by March end of AY
The department, in the memorandum to Finance Bill 2017, has also proposed a fee for delayed filing of income tax returns. In case of people whose total income does not exceed Rs 5 lakh, Rs 1,000 fee would be charged.
I-T Dept to open 100 more Aaykar Sampark Kendras to address grievances
A taxpayer can register his I-T related grievance on the enivaran link of the department’s efiling portal or can go to an ASK and register such a complaint.
Giving Aadhaar number in lieu of PAN? Make sure you have linked both. Here's why
CBDT issued a notification in August where it stated that if someone without a PAN card quotes their Aadhaar number, then the income tax department will consider this an auto-application for PAN and it will be issued to the individual.
How to get your ITR related queries answered by income tax officers
If you have any query related to ITR filing, you can directly approach the I-T department.
PAN-Aadhaar linking deadline extended to December 31
Earlier, the deadline to PAN with Aadhaar was September 30, 2019.
Income tax e-assessment: Person with no PAN, e-filing account not eligible
It added cases where a taxman has conducted raids and instances categorised under "extraordinary circumstances" shall also not be covered under the faceless assessment system.
CBDT extends ITR filing deadline for audit cases by a month to Oct 31
Certain categories of individuals like a working partner in a firm also fall under this clause.
Not got your income tax refund yet? Here's how you can raise a re-issue request
Do keep in mind that you will only get the refund if into a pre-validated bank account.
How to file Aadhaar related complaints
If you are facing a problem at the enrolment centre or haven't received your Aadhaar card yet, then you can file a complaint on the UIDAI's website.
How to get a credit card if you don't have a job
If you have a steady flow of income, lenders may be willing to issue a standard credit card.
ITR not processed by the tax department? Here's what you can do
If your ITR is not processed by the tax department, then you can raise a grievance for the same.
Government notifies faceless e-assessments in tax: More transparency, but some challenges too
The e-assessment scheme has now been notified, under which CBDT will set up national and regional e-assessment centres as well as various units to conduct e-assessments.
E-assessment scheme for faceless scrutiny of income tax returns notified
The notification was issued by the CBDT on Septemeber 12, 2019.
Prosecution norms eased for TDS, ITR filing defaults
CBDT has relaxed some norms relating to prosecution of income tax defaulters for delay in depositing TDS, under-reporting of income in the tax return or non-filing of I-T return.
ITR processed? Here's how to request intimation notice u/s 143(1)
While processing ITR, the department on a prima facie basis checks your income details, TDS claimed by you and if that matches with Form 26AS and so on.
Can you claim refund on tax deducted on FD in the name of your children?
As per the Income-tax Act, the income of minor child shall be included in the income of the parent whose total income after including minor’s income is greater.
CBDT’s norms for manual ITR scrutiny
For the current financial year 2019-20, ITRs filed by charitable trusts entities will be manually selected and will be subject to complete scrutiny.
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