Income Tax returns

Not filing ITR due to non-taxable salary? Here's why filing income tax returns is important

There are several other benefits that one can avail after filing ITR even if his or her salary is non-taxable. 

Dec 25, 2021, 11:44 AM IST

Filing ITR before December 31? Here’s how to do it online for free

Taxpayers should file their taxes as soon as possible because the deadline is approaching.

Dec 12, 2021, 17:48 PM IST

ITR Filing: Incorrect bank account number? Here’s how to rectify it

Because the refund value is transferred back to the account by the department, the bank account number must be mentioned when filing ITR.

Dec 06, 2021, 22:50 PM IST

CBDT issues refunds worth Rs 1,12,489 crore to 91.30 lakh taxpayers

CBDT has issued refunds worth more than Rs 1,12,489 crore to more than 91.30 lakh taxpayers. 

Nov 03, 2021, 16:05 PM IST

Tax Department issues refunds worth Rs 1,02,952 cr to 77.92 lakh taxpayers

CBDT has issued refunds of over Rs 1,02,952 crore to more than 77.92 lakh taxpayers.  

Oct 27, 2021, 18:22 PM IST

ITR Update: Income Tax portal seeing steady progress, says Infosys CEO

Under fire for technical glitches plaguing the new income tax return filing portal, Infosys CEO Salil Parekh on Wednesday said the new portal developed by his company is seeing "steady progress" and already 1.9 crore returns have been filed. 

Oct 13, 2021, 23:23 PM IST

Delaying ITR filing? Know penalties taxpayers will have to pay for missing the deadline

The new deadline for filing FY21 ITR is now 31 December 2021. 

Sep 17, 2021, 15:01 PM IST

Tax refunds worth over Rs 70,120 crore processed till September 6 in FY22: CBDT

Income tax refunds of Rs 16, 753 crore have been issued in 24,70,612 cases and corporate tax refunds of Rs 53,367 crore have been issued in 1,38,801 cases.

Sep 12, 2021, 14:40 PM IST

Filing ITR? Check how you can claim LTA voucher tax exemption

The LTC voucher was initially aimed to offer tax exemption to taxpayers on their traveling expenses. 

Sep 12, 2021, 09:55 AM IST

Good news for taxpayers! ITR filing deadline for FY21 extended to December 31

The deadline for filing Income Tax Returns (ITR) for the financial year 2020-21 has been extended to December 31, 2021.  

Sep 10, 2021, 09:39 AM IST

ITR alert! Income tax returns filing deadline extended again to December 31

The deadline for filing of Income Tax Returns (ITR) has been extended till December 31. 

Sep 09, 2021, 20:02 PM IST

Income tax portal issues being progressively addressed, 1.19 crore ITRs filed: CBDT

The Income Tax Return (ITR) filing has increased to 3.2 lakh daily in September 2021. 

Sep 08, 2021, 22:45 PM IST

New Income Tax Return Rule: Senior Citizens above 75 years exempted from ITR filing

They will now be exempted from filing the income tax returns (ITR) for fiscal year 2021-22.

Sep 06, 2021, 22:10 PM IST

Big relief for taxpayers! Several form filing deadlines for Income Tax Return extended till September 30

An official release of the Income Tax department said, “Considering the difficulties being faced in issuing and amending Form no 3, which is a prerequisite for making payment by the declarant under Vivad se Vishwas Act, it has been decided to extend the last date of payment of the amount (without any additional amount) to 30th September 2021."

Aug 29, 2021, 16:26 PM IST

ITR Filing: 5 mistakes that you should avoid while filing income tax returns

While filing income tax on your own should be encouraged, taxpayers mustn’t make a few mistakes to avoid any troubles.

Aug 29, 2021, 12:10 PM IST

Income Tax Return: ITR filing deadline to get extended due to glitches

According to a report, earlier the last date was supposed to be September 30 and now it seems that the filing of ITR will be extended as the website’s glitches have not been fixed yet.

Aug 23, 2021, 16:58 PM IST

Filed Income Tax Return? TDS rules to change from THIS month

In order to identify the non-filers of ITR, the tax department has made a list of these people at the start of the financial year 2021-22, which includes previous years 2018-19 and 2019-20. This particular list includes the names of taxpayers who did not file returns of income for both assessment years 2019-20 and 2020-21 and have an aggregate TDS of Rs 50,000 or more in each of these two previous years.

Jul 06, 2021, 11:40 AM IST

TDS alert! New rules to take effect from tomorrow: Everything you need to know

Taxpayers who haven’t filed their income tax returns for the last two financial years will have to pay higher TDS and TCS if such deductions were Rs 50,000 or more in each of the two financial years.

Jun 30, 2021, 11:29 AM IST

Income Tax Return deadline extension: Important things you need to know before ITR filing

Individuals can now file tax returns for income earned in the financial year 2020-21 till September 30 instead of July 31.

Jun 27, 2021, 21:34 PM IST

Filed Income Tax Return yet? You will have to pay double TDS from July 1-Here’s why

Come July 1, a person will be forced to pay extra TDS and that too at a higher rate if he/she fails to file their Income Tax Returns for the last two years and has aggregate TDS/TCS credit of Rs. 50,000 or more in each of the two years.

Jun 07, 2021, 15:31 PM IST