Processing Hogi Pat Se”, the department is ready to introduce a new technologically upgraded platform CPC 2.0 for faster processing of ITRs. And the filing of Income Tax Return for financial year 2019-20 (AY 2020-21) will be processed on CPC 2.0. ...
The Central Board of Direct Taxes has released a checklist to avoid mistakes in filing the Income Tax Return 7 for AY 2020 21 Read the entire checklist below Ce
CBDT extends the due date of filing tax audit report for AY 2021-22 to 15th February 2022 & due date of filing ITR to 15th March 2022 ESIC contribution date for October 2021 extended The ESI Department has extended the due date of remitting ESIC contribution for the month of October 2021...
Due Dates for Filing Income Tax Return For AY 2022-23 What is Updated ITR return? An updated ITR,ITR-U, is an updated return that allows you to update/file any of your previous income tax returns under section Section 139(8A) within 24 monthsfrom the end of the relevant assessment year...
returns for those who file on-line income tax returns without any digital signature.Please note that this is just a proposal till now and it would not be applicable for this assessment year 2013-14 in any way.SUBMISSION OF ITR V IS MANDATORY FOR E-FILING IT RETURN FY 2012-13 (AY 2013...
Krishna (Fictional Character): Arjuna, there are many practical difficulties that a senior citizen may face while claiming an exemption for ITR filing. Senior citizen generally have FD/RD/saving bank interests as their major incomes. The interest rate for banks differ at times, so it is...
The last date of income tax filing is coming closer to an end, several questions are in the mind of the assessee. One of them is to mention the earlier purchase of property in the income tax return (ITR). December 31, 2020, is the date where the taxpayer
In the ITR form of AY 2021-22, the Schedule DI that was inserted for the AY 2020-21 for purposes of claiming deductions for expenditures made during the extended period (1st April to 30th June 2020) has been removed. A new column is added in Schedules 112A and 115AD(1)(b)(iii) to...
ll need to add all employment income and deduct all payroll taxes withheld by your employer(s) and pay the remaining tax due (if any).Since this is used by individuals who had two or more employers within a year, they are no longer qualified for substituted filing (substituted filing ...
In the ITR form of AY 2021-22, the Schedule DI that was inserted for the AY 2020-21 for purposes of claiming deductions for expenditures made during the extended period (1st April to 30th June 2020) has been removed. A new column is added in Schedules 112A and 115AD(1)(b)(iii) to...