After submitting the return, individuals are also required to verify their returns. The last day to file income tax returns for assessment year 2019-20 (financial year 2018-19) is August 31, 2019. The income tax (I-T) department cautions that the income tax payers should not resort to the last minute rush and file their income tax (I-T) […]

The Income Tax Department had recently extended the due date for filing income tax return for AY 2019-20 from July 31 to August 31, 2019, for certain category of taxpayers. However, as even this extended due date is fast approaching, taxpayers – who are yet to file their ITR – seem to be in a […]

Going by the recent changes in the Income Tax rules, all the registered taxpayers will file their income tax returns electronically. Only an individual who is more than 80 years of age and does not have any income from business or profession can file it in paper form. Here are five things that you should […]

Most salaried people think that the Form 16 is all that is needed to file income tax returns. However, according to experts, it is important to ensure that there is no discrepancy in the information that the IT department has in its possession and what you are providing through ITR filing. To do that you […]

About Form 26AS Form 26 AS is an official form that provides the details pertaining to the tax amount that the deductor has deducted. This form also contains information about the details regarding the tax that was deducted at the source and the details of advance tax. You can also find the details about the […]

सेंट्रल बोर्ड ऑफ डायरेक्ट टैक्सेज(CBDT) ने इनकम टैक्स रिटर्न फाइल करने की अंतिम तारीख 31 जुलाई से 31 अगस्त तक बढ़ा दी है. नए नियमों के तहत आपको इनकम टैक्स रिटर्न हर साल फाइल करना जरूरी होगा. आप आईटीआर फाइल करके सेक्शन 87A के तहत 5 लाख तक की आय पर छूट ले सकते हैं […]

The government of India introduced a quick business loan portal for the existing business. The government’s website ( psbloansin59minutes.com) for MSME borrowers offers automated processing of loan that provides with a in-principal approval in less than an hour.  PSB (Public Sector Banks) Loans in 59 minutes: FEATURES The Loan Amount varies from Rs 10 Lakh […]

GSTR 9 is an annual return need to be filed once in a year by the registered taxpayers.