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Income Tax Returns

Income Tax returns filing deadline for FY20 extended till December 31, 2020

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought...

CBDT extends due date for Income Tax Returns for FY 2018-19 (AY 2019-20)

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) New Delhi Notification No. 56/2020-Income Tax Dated: 29th July, 2020 TAXATION AND OTHER LAWS S.O. 2512(E).– In exercise of the...

Extension of time limits under the Income-tax Act, 1961 and related Acts – ​Notification 35/2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th June, 2020 TAXATION AND OTHER LAWS S.O. 2033(E).– In exercise of the powers conferred...

Employees allowed to claim I-T Exemption for Tour, Travel and Conveyance Expenses under new Tax regime : CBDT notifies Income-tax (13th Amendment) Rules, 2020

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 26th June, 2020 INCOME-TAX G.S.R. 415(E).- In exercise of the powers conferred by sub-section (2)...

FAQs on Salary Income – Income Tax

FAQs on Salary Income - Income Tax What is considered as salary income?​​​​​​​​ Section 17​​ of the Income-tax Act defines the term ‘salary’. However, not going...

Income Tax Returns filing deadline extended to August 31, 2019

Income Tax Returns filing deadline extended to August 31, 2019 The due date for filing of Income Tax Returns for Assessment Year 2019-20 is 31.07.2019...

E-filing of Income Tax Returns registers an increase of 19%

E-filing of Income Tax Returns registers an increase of 19% There have been some incorrect reports in media pertaining to reduction in numbers of Income...

Filing of Income Tax Returns registers an upsurge of 71% upto 31st August,2018

Filing of Income Tax Returns registers an upsurge of 71% upto 31st August,2018 There has been a marked improvement in the number of Income Tax...

Extension of date for filing of Income Tax Returns for taxpayers in Kerala

Extension of date for filing of Income Tax Returns for taxpayers in Kerala In view of the disruption caused due to severe floods in Kerala,...

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