Income Tax Returns | The Asian Age

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The Centre on Saturday said the filing of income tax returns (ITR) till August 31 saw an upsurge of 71 per cent, compared to the corresponding period in the preceding year. (Photo: ANI)

71 per cent surge in Income Tax returns filed till August 31: Govt

The total number of e-returns of salaried Individual taxpayers filed till August 31 increased to 3.37 crore from 2.19 crore.

02 Sep 2018 1:06 PM

Data tabulated by the Income Tax (IT) department has highlighted a 40 per cent increase in incremental growth in the e-Filing of IT returns. (Photo: ANI)

E-filing of Income Tax returns up by 40 per cent

The number is expected to increase, with the last date of filing fixed for August 31.

29 Aug 2018 4:28 PM

The Central Board of Direct Taxes (CBDT) in a bid to provide relief to the flood-affected tax payers of Kerala has on Tuesday extended the last date of filing Income Tax returns from 31st August to 15th September, 2018.

CBDT extends last date of filing ITR due to severe Kerala floods

Earlier, the CBDT had extended the last date of filing ITR by one month.

28 Aug 2018 7:43 PM

Normally, the deadline to file your income tax returns is July 31 every year. This year, as it often does, the government extended the deadline to August 31.

What to do if you missed income tax return deadline

From assessment year 2018-19, delayed filing of ITR will attract penalties.

10 Aug 2018 12:59 AM

As many as 2.09 lakh 'non-filers' filed income tax returns in last fiscal and paid taxes worth Rs 6,416 crore, Minister of State for Finance Shiv Pratap Shukla said on Tuesday.

Over 2 lakh non-filers filed IT returns in FY'18, paid Rs 6,416 cr tax

Collection of personal advance tax and personal self-assessment tax grew 23.4 per cent and 29.9 per cent respectively.

07 Aug 2018 6:01 PM

In all, refunds in 45.07 lakh cases have been issued during April-June, 2018. (Photo: ANI)

IT Department expedites clearance of pending issue of refunds

More than Rs 70,000 crore of refunds have been issued to the taxpayers as a result of the special drive.

04 Jul 2018 2:08 PM

In March, the special force had reportedly called for feedback on filing income returns on the income tax portal, tax credit, processing returns.

Task force gets deadline extension to present report on tax laws

CBDT highlighted that the task force will now be required to submit its report by August 22.

23 May 2018 8:43 AM

The government will meet the 3.5% fiscal deficit target for FY18 as broadly direct and indirect collections are in line with expectations and there have been some savings on expenditure, Hasmukh Adhia said.

Direct tax rises 17per cent in FY18; Rs 10Lakh-crore collected

“There has been a sustained increase in the number of ITRs filed in the last four financial years,” said CBDT.

03 Apr 2018 1:52 AM

Direct tax collection in the fiscal year just ended has exceeded the targets with a record 6.84 lakh income tax returns being filed, officials said today.

Direct tax collection exceeds target in FY18

Direct tax collections in 2017-18 at Rs 9.95 lakh crore, exceeded the revised budgetary target of Rs 9.8 lakh crore.

02 Apr 2018 5:49 PM

I-T offices to remain open from Mar 29-31 for filing returns

Ayakar Seva Kendras will remain open during holidays from March 29- 31 to facilitate taxpayers in filing returns.

27 Mar 2018 1:58 PM

The advertisement said it was the final call for taxpayers who have to file belated or revised ITRs for assessment years 2016-17 and 2017-18.

ITR filing: Income Tax Department has a message for taxpayers

Non-filing or incorrect filing of return of income may result in penalty and prosecution.

23 Mar 2018 10:57 AM

I-T department also cautioned eligible trusts, political parties and associations to file their income tax returns by this final deadline. (Photo: PTI)

DeMo depositors, all companies should file ITRs by Mar 31: I-T

Non-filing or incorrect filing of return of income may result in penalty and prosecution.

09 Feb 2018 1:38 PM

The I-T Department has slapped notices on 1.16 lakh individuals and firms who made cash deposits of more than Rs 25 lakh in bank accounts post note ban but failed to file returns by the due date. (Photo: PTI/Representational)

I-T notices to 1.16 lakh for cash deposits of Rs 25 lakh post note ban

I-T officials said number of people prosecuted for violating I-T laws has more than doubled to 609 in April- September this year.

28 Nov 2017 1:48 PM

The I-T department will launch full-fledged assessment proceedings from January next year against those assessees who have deposited "suspicious" amounts of money in banks post-demonetisation, but have not filed their income tax returns till now. (Photo: AFP/Representational)

Black money: Taxmen to launch assessment of defaulters from Jan

CBDT has asked the taxman to finish the process of serving notices to such entities by December 31.

27 Nov 2017 8:53 PM

A body of lawyers, CAs and tax practitioners, welcomed the decision of CBDT to extend the last date of e-filing of IT returns till October 31.

Tax professionals seek more time for e-filing of returns

CBDT has revised e-filing income tax return (ITR) preparation utilities for filing all types of ITR forms.

28 Oct 2017 12:23 PM

The deadline for linking Aadhaar with PAN is August 31. Photo: PTI

5 consequences you may face if you don't link Aadhaar with PAN today

The tax department clarified that deadline for Aadhaar-PAN linkage is currently August 31.

31 Aug 2017 11:34 AM

Errors made while filing income tax returns can be addressed on the 'e-Proceeding' option on the I-T e-filing website.

10 steps to correct mistakes made while filing income tax returns

One can access the 'e-Proceeding' option on Income Tax department's e-filing website to rectify the errors.

23 Aug 2017 1:18 PM

The additional ITRs received in 2017 works out to be 56 lakh.

No inconsistency in number of tax payers: CBDT

Number of individuals filing income tax returns has jumped to 2.79 crore this year from 2.23 crore last year.

18 Aug 2017 8:06 PM

July 31 is the last date for filing income tax returns.

File your income tax returns by today itself as no more extension likely

The government refused to extend the July 31 deadline for filing income tax returns.

31 Jul 2017 12:01 PM

The government may be mulling over extending the deadline for filing income tax returns for 2017.

There may be a 'genuine case' for govt extending ITR deadline: reports

According to an official, taxpayers this year have been facing many new difficulties, so the deadline may be extended.

28 Jul 2017 8:11 PM

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Mohan Guruswamy