Income Tax Return
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Wrong ITRs will lead to prosecution, report to employer, warns IT dept
Business | April 19, 2018 6:32 IST"Such offences are punishable under various penal and prosecution provisions of the Income Tax Act," a notification said.
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Missed March 31 to file ITR deadline? Here's what you can do
Business | April 08, 2018 10:18 ISTCBDT, in a recent order, clarified that ITR for FY 2015-16 and FY 2016-17 cannot be filed after deadline March 31, 2018. But if you missed it, there is one last option:
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Last date for filing ITR: Income Tax officials to work on March 29, 30 and 31
Business | March 28, 2018 19:54 ISTRunning late for filing ITRs? Don't worry! Income Tax department has decided to remain open on public holidays and weekend to help people in the last minute ITR filings.
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Bengaluru: Drug peddler arrested after filing tax returns for Rs 40 lakh
India | January 31, 2018 6:21 ISTThe 34-year-old accused had not been transparent about his source of income on his IT-return papers.
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Full income tax e-assessment from next year; CBDT forms committee
Business | December 19, 2017 21:54 ISTThe CBDT has been running a pilot project in a few major cities and has been testing the feasibility of implementing this new regime of tax assessment for the last few years.
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Arun Jaitley exempts foreign investors from MAT; simple ITR on way
May 01, 2015 10:59 ISTNew Delhi: Seeking to calm investor jitters, Finance Minister Arun Jaitley on Thursday offered tax relief to FIIs by exempting some of their income from minimum alternate tax (MAT) and announced that an "extremely simplified" income
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New Column In Income Tax Forms For Declaring Foreign Assets
March 30, 2012 18:38 ISTNew Delhi, Mar 30: In its efforts to check black money stashed in foreign banks, government has introduced a new column seeking details of foreign assets in the Income Tax Return (ITR) forms for the
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