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Income Tax Return Filing
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    Income Tax Return Filing
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    You Can Revise Income Tax Return Within The Given Time Limit
    You have the option of filing a revised return, if you realize that you missed reporting an income or deduction when you filed your income tax return(ITR) for the previous fiscal. You should have filed the original return before the due date, 31 July. When to file a revised return You can refile ITR with modifications, […]
    For Filing no Returns, 5 Lakh Taxpayers Under Lens.
    As the government tries to meet its tax collection target, over five lakh taxpayers are under the income tax scanner for not filing returns for the assessment year 2014-15. The move comes after the joint director of income tax systems has compiled a list of 5, 09, 898 taxpayers based on their electronic returns in previous years. […]
    India Cites Domestic Reasons For Not Signing Global Tax Information Pact
    Finance Minister Arun Jaitely has written to his German counterpart expressing India’s support for the new global protocol for automatic exchange of information on tax evaders but cited domestic procedural requirements as the reason for not signing it now. On Wednesday In New Delhi, which spearhead the fight on information exchange on tax evaders and […]