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Income Tax : CBDT notifies ITR-6 form for AY 2024-25. Companies who don't have income from property held for charitable or religious purposes c...
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As per the newly inserted Section 139AA of the Finance Act 2017, if a person covered under this section want to file a return of income on or after July 1, 2017, it will be mandatory for him to quote the Aadhaar number in the return.
Section 139AA of the Income-tax Act, 1961 as introduced by the Finance Act, 2017 provides for mandatory quoting of Aadhaar / Enrolment ID of Aadhaar application form, for filing of return of income and for making an application for allotment of Permanent Account Number with effect from 1st July, 2017.
Understand how to fill out ITR-1 Sahaj for AY 2017-18. Find helpful guidelines for individuals with income from salary, pension, or one house property.
A comprehensive guide to filling ITR-4 SUGAM for A.Y. 2017-18. Follow these instructions to ensure accuracy and compliance with tax laws.
The government has taken bold step towards simplifying the norms of filing, so as to encourage the potential tax payer to file the Income Tax Return. Earlier, there were total nine Income Tax Return Forms which has now been reduced to seven.
Income Tax department has introduced the new forms for filing the income tax Returns in the financial year 2016-17. The question is, what changes have they made in these forms?
The continued emphasis on e-filing of ITRs & TDS Returns has given successful response to the electronic era in Income Tax system. As per Section 139D of the Income Tax Act, 1961, CBDT may make rules providing for:
Simplified One Page ITR 1 has been notified. For Individuals, Aadhar Card Number/ Enrolment ID is compulsory where Person is eligible for Aadhar Card. Specific Column for Showing Cash Deposits during 09.11.16 to 30.12.16. ITR 1 can only be used where total income does not exceed Rs. 50 lakhs
CBDT has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2017-18. One of the major reforms made in the notified ITR Forms is the designing of a one page simplified ITR Form-1(Sahaj).
Income TAx Dept Enhances of E-Filing utility for filing return after expiry of 15 days of issuance of notice under section 139(9) as original return or belated return
