No Extension of Date for Filing of Returns due by 30th September for Assessment Year 2015-16 for Certain Categories of Assessees Including Companies, and Firms and, Individuals Engaged in Proprietary Business/Profession etc whose Accounts are required to be Audited; Taxpayers are Advised to file their Returns Well in Time to …

Due date for filing returns of income has been extended from 31st August 2015 to 7th September 2015 in respect of all taxpayers who were required to e-File their return of income by 31st August, 2015. Earlier the due date was 31st July which was extended to 31st August and …

  In our earlier article Does the Income Tax Officer have the discretionary powers to take up scrutiny of IT returns? we have explained power of Income Tax Officer in selection of cases for income tax scrutiny. Income tax department is selecting cases for scrutiny under  “Limited Scrutiny selected under Computer Aided Scrutiny …

Recently income tax department has introduced electronic verification of income tax return. Income tax return can be verified now by generating an Electronic Verification Code or EVC. If you verify your return via EVC, you are no longer required to send signed physical copy of ITR-V to CPC, Bangalore. At …

Soon, the taxman will be able to access all the financial information of taxpayers in a single window. The income-tax (I-T) department is embarking on a project called Income Tax Business Application to collate all information on a taxpayer from various sources based on the permanent account number (PAN). Of …

As the due date for filing the Income Tax Return for Assessment year 2015-16 is approaching ie 31st August 2015, please find below certain important points which will be helpful in submitting a correct return and its processing at CPC, Bangalore. Electronic filing of income tax return is mandatory for …

e-Filing Team of Income Tax Department has started sending email communications to those who have filed income tax return for the assessment Year 2015-16 but not verified the same by sending the signed hard copy of ITR-V to Centralized Processing Centre (CPC), Bangalore or the ITR V has not yet been …

I have received a mail from one of the licensed Registration Authority about offering aadhaar based paperless DSC Digital Signature Certificates. I thought of sharing the information with you all. With Launch of Digital India Campaign by Our PM Mr. Narendra Modi on 01 July, 2015 , CCA has introduced Concept of Aadhar …

The finally wait is over. New income tax return form ITR-3, ITR-4, ITR-5, ITR-6 and ITR-7 for the AY 2015-16 has been notified by the income tax department. Income tax department has already notified the ITR-1, ITR-2, ITR-2A, ITR-4S earlier last month E-filing of ITR-3, ITR-4, ITR-5, and ITR-7 will be …

CBDT issued press releases on Timely redressal of tax payer grievances and public service delivery. Grievance redressal is a major aspect of citizen centric governance and is an important feature of the activities of the Income Tax Department. The Central Action Plan 2015-16 of the Income Tax Department released during …