Income Tax : Understand Rule 12 of Income Tax Rules wef 01.04.2022 for Assessment Year 2022-23. Get ready for the updated regulations with Taxg...
Income Tax : Stay up-to-date with the latest changes in Income Tax Return forms for AY 2020-21. Learn about the modifications in ITR criteria a...
Income Tax : Understand Rule 12 of Income Tax Rules wef 29.05.2020 and its impact on ITR and AY 2020-21. Stay updated with the recent amendment...
Income Tax : People are always get confused as to who all are require to file Income tax Return mandatorily. Since our assessment year 2020-21 ...
Income Tax : Within days after notifying the New ITR Forms, CBDT vide a Press release dated 09.01.2020 has rolled back the non-applicability cl...
Income Tax : Taxguru Team compiled Rule 12 of Income Tax Rules considering amendment vide Notification No. 21-2021/Income Tax Dated 31st March,...
Income Tax : CBDT has decided to discontinue Excel & Java version of ITR utilities from AY 2021-22 and it has released JSON Utility for...
Income Tax : In its commitment to release ITR timely and also to comply with Hon’ble Punjab High Court Direction as given in the case of ...
Income Tax : In a Record and following Punjab High Court Direction in the case of Vishal Garg & Ors. Vs. Union of India & Anr. CBDT has...
Income Tax : The Income Tax Department has released the software for preparing the Income Tax Return forms 1- SAHAJ, 2, 2A and 4S- SUGAM for AY...
Income Tax : It has been decided to allow a person, who jointly owns a single house property, to file his/her return of income in ITR-1 or ITR-...
Income Tax : CBDT vide Notification No. 01/2020-Income Tax has released Format of Revised Form Sahaj (ITR-1) and Sugam (ITR-4) as applicable fo...
Income Tax : The functionality for rectification of processing u/s 143(1) of ITR 1,2,3,4,5, & 6 for A.Y. 2017-18 is now made available in Incom...
Income Tax : CBDT notifies Form Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V fo...
Discover the latest ITR forms for Assessment Year 2019-2020 and stay updated with the changes in income tax regulations.
The ITR forms for each year are notified after end of the financial year incorporating changes applicable from the relevant financial year. The Income tax department has notified new ITR forms on 1st April 2019. Since this is a personal finance page, the discussion is restricted to provisions of new ITR which are applicable to […]
Taxguru Team compiled the Rule 12 of Income Tax Rules based on the RECENT amendment in rule 12 vide Notification No. 32/2019-Income Tax Dated 01/04/2019 for ready reference of our readers. Changes are Marked in Red Coloure. Rule 12 of Income Tax Rules as applicable from 01st April 2019 i.e. for Income Tax Return of Assessment […]
CBDT vide notification No. 32/2019 dated 1st April 2019 amended the Income Tax Rules 1962 and added certain clauses to Rule 12 and released Income Tax Return Form Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V as applicable for return filing of Financial Year 2018-19 / Assessment Year 2019-20.
CBDT notifies Form Sahaj (ITR-1), Form ITR-2, Form ITR-3, Form Sugam (ITR-4), Form ITR-5, Form ITR-6, Form ITR-7 and Form ITR-V for A.Y. 2019-20 / F.Y. 2018-19 vide Notification No. 32/2019 dated 1st April, 2019. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) Notification No. 32/2019 New Delhi, the 1st April, 2019 […]
In this article we have discussed which ITR is applicable for a Particular Assessee for Assessment Year 2018-19 i.e. for Financial Year 2017-18.
Article contains Instructions for filing ITR-4-SUGAM for Assessment Year 2018-19 / Financial Year 2017-18 based on ITR Released by CBDT vide its notification no. Notification No. 16/2018-Income Tax / G.S.R. 332(E) dated: 03/04/2018. Instructions for filling ITR-4 SUGAM for A.Y. 2018-19 General Instructions These instructions are guidelines for filling the particulars in this Return Form. […]
Article discusses changes in ITR 1, ITR 2, ITR 3 , ITR 4 Sugam, ITR 5 and ITR 6 as released by CBDT for Financial Year 2017-18 / Assessment Year 2018-19 vide these changes CBDT has ensured more disclosures from Assessee regarding GST, Financial Particulars, Depreciation, ICDS, Late Fees U/s. 234F, Income from Other Sources, […]
Article discusses who can use ITR 1 (SAHAJ), ITR 2, ITR 3 and ITR 4 Sugam Form for Assessment Year 2018-19 or Say Financial Year 2017-18.
In its commitment to release ITR timely and also to comply with Hon’ble Punjab High Court Direction as given in the case of Vishal Garg & Ors. Vs. Union of India & Anr CBDT has further e-filing utility of ITR 4 and ITR 5 for AY 2016-17. CBDT has earlier released e-filing utility for ITR 1 […]