ITR filing for AY 2017-18 is extended to Aug 5th, 2017

The CBDT has extended the due date of ITR filing for AY 2017-18 to 5th of August, 2017. The purpose of this extension for Income Tax Return filing is said to be problems which occurred during PAN-Aadhar linking which is mandatory for ITR filing as well as some technical issues which had rendered the Income Tax e-Filing website inaccessible. Anot

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New ITR for AY 2017-18 notified by the CBDT

The Central Board of Direct Taxes has notified Income-tax Return Forms for the Assessment Year 2017-18 (ITR for AY 2017-18). One of the major reforms made in the notified ITR Forms is the designing of a one page simplified ITR Form-1(Sahaj).This ITR Form-1(Sahaj) can be filed by an individual having income upto Rs.50 lakh and who is receiving inco

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Due date for ITR filing for 2015-16 financial year

The Central Board of Direct Taxes, CBDT has extended the Due date for ITR filing for 2015-16 financial year to 5th of August 2016. This extension of due date for filing the income tax returns was done considering bank strike on 29th July and 31st being a Sunday.  This change in due date for ITR filing for 2015-16 is applicable to all the the r

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