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Income Tax Returns Itrs
Business  /  Published 06.02.21

Seniors find devil in fine print

The sense of relief that senior citizens above the age of 75 years felt after the Budget speech of finance minister Nirmala Sitharaman seems to be short-lived as the devil in the budget details is tum...
By R. Suryamurthy in New Delhi

Business  /  Published 13.01.21

I-T return last date stays

Section 234F of the Income Tax Act provides for levy of late fee in case of an assessee whose gross income is above Rs 2,50,000 and is mandatorily required to file the tax return and he has not filed ...
By A Staff Reporter in Calcutta

Business  /  Published 30.12.20

No relief yet on ITR filing deadline

Taxpayers took to Twitter to plead for the extension of the deadline to file income tax returns for fiscal 2019-20 (assessment year 2020-21) from December 31 by three months citing Covid-19 and system...
By Our Special Correspondent in New Delhi

Business  /  Published 01.10.20

November 30 last date for filing tax returns

Some changes in tax collection at source (TCS) will take effect from October. They relate to tax collection at source for foreign remittances and sale of goods in a year in excess of Rs 50 lakh by se...
By A Staff Reporter in Calcutta

Business  /  Published 23.07.20

Voda: Rs 833cr in refunds

Cash-strapped Vodafone Idea secured a significant relief on Wednesday when the Supreme Court dismissed a petition filed by the income tax department and asked it to refund Rs 833 crore to the operator...
By Our Special Correspondent in New Delhi

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Business  /  Published 19.07.20

Detailed tax form to aid e-filing of returns

The Central Board of Direct Taxes (CBDT) on Saturday said the improved form 26AS, which will give a more comprehensive statement of transactions done by a taxpayer, will “facilitate voluntary co...
By Our Special Correspondent in New Delhi

India  /  Published 08.04.20

Rapid income tax refunds

The Centre on Wednesday decided to immediately release tax and duty refunds worth Rs 18,000 crore — a move designed to shovel money to income taxpayers and businesses that have been fretting over lo...
By R. Suryamurthy in Calcutta

Business  /  Published 24.03.20

Sitharaman sops to soothe frayed nerves

Union finance minister Nirmala Sitharaman on Tuesday said the last date for filing of income tax returns for FY2018-19 has been extended to June 30 to provide relief to citizens unable to meet deadlin...
By PTI in New Delhi

Business  /  Published 27.04.20

September date for I-T returns

The government is considering a proposal to extend the deadline for filing personal income tax returns to September 30 from July 31 because of the lockdown.The last date for paying advance tax has alr...
By Our Special Correspondent in New Delhi

Business  /  Published 24.03.20

Govt extends IT return deadline to June 30

Giving relief to citizens unable to meet deadlines due to coronavirus outbreak, Union finance minister Nirmala Sitharaman on Tuesday said the last date for filing of income tax return for FY2018-19 ha...
By PTI in New Delhi


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