itr

ITR Filing: Income Tax department expands Form 26AS, here is all you need to know

This information would be auto populated in the Form 26AS when the taxpayer is filing income tax return.

Oct 28, 2021, 08:31 AM 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

Income tax refunds worth Rs 92,961 crore issued during ongoing fiscal: CBDT

Refunds amounting to more than Rs 92,961 crore have been issued to taxpayers during the current financial year. 

Oct 21, 2021, 19:14 PM IST

ITR filing for FY 2020-21: Salaried people using ITR-1 SAHAJ should keep these 9 documents ready, get checklist here

Tax payers will be filing the Income Tax Return (ITR) for the FY 2020-21 (AY 2021-22).

Oct 21, 2021, 12:15 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

ITR filing 2020-2021: Here's how to pre-validate your bank account online for getting refunds on income tax

It may sometimes so happen that people's income tax may be miscalculated, or their tax deducted at source (TDS) may go in excess, so you might need to seek a tax refund. 

Oct 12, 2021, 15:58 PM IST

ITR filing FY 2020-21: File your tax return for free using SBI YONO app; here's how

While there are several online options available before you for filing your income tax returns including income tax official website, SBI's Yono app can be also very useful.

Oct 11, 2021, 16:54 PM IST

Income tax Return: SBI introduces offers on ITR filing as deadline nears, check details

State Bank of India (SBI) has launched offers on income tax returns or ITR filing. 

Oct 06, 2021, 16:39 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

CBDT allows taxpayers to file applications by September 30 for settlement of pending cases

To dispose of the pending settlement applications as of January 31, 2021, the government had constituted the Interim Board for Settlement. The taxpayers, in the pending cases, have the option to withdraw their applications within the specified time and intimate the assessing officer about such withdrawal.

Sep 08, 2021, 10:29 AM IST

New Income Tax Return Rule! Senior Citizens above 75 years don't have to file ITR, provided they meet THESE conditions

The 2021-22 Budget had introduced a provision for exempting senior citizens of 75 years and above having pension income and interest from fixed deposit in the same bank from filing income tax returns for the financial year beginning April 1.

Sep 06, 2021, 13:58 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

ITR filing for FY 2020-21: Salaried people can file ITR-1 SAHAJ, but THESE 8 type of people can't

The most basic - ITR-1 or Sahaj - is to be filled by the salaried class of taxpayers.

Aug 27, 2021, 16:21 PM IST

ITR filing for FY 2020-21: Salaried people using ITR-1 SAHAJ must keep these 9 documents handy, here's your checklist

The most basic - ITR-1 or Sahaj - is to be filled by the salaried class of taxpayers. The form this time seeks an assessee's details in separate fields such as allowances not exempt, profit in lieu of salary and value of prerequisites among others.

Aug 26, 2021, 14:45 PM IST

ITR filing FY 2020-21: Is Agricultural Income tax free in India? Know THESE 3 important things

If you have Agricultural Income, you can still file for ITR, however as per section 10(1), agricultural income earned by the taxpayer in India is exempt from tax. 

Aug 24, 2021, 15:41 PM IST