CBDT has noticed that 5,09,898 taxpayers who have submitted an e-return for AY 2011-12 or 2012-13 or AY 2013-14 (Upto 20th October 2014) with returned…
View More CBDT noticed 5,09,898 taxpayers have not filed ITR for AY 2014-15Tag: ITR
E-Filing of ITR for AY 2014-15
e-Filing of Returns/Forms is mandatory for: Any assessee having total income of Rs. 5 Lakhs and above from AY 2013-14 and subsequent Assessment Years. Individual/…
View More E-Filing of ITR for AY 2014-15Type of ITR form one should use for filing income tax returns for AY 2014-15
The below table contains income tax return form to be filled for a particular nature of income. List of forms to be used by different persons for…
View More Type of ITR form one should use for filing income tax returns for AY 2014-15Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14
Income tax department has published the latest Online e-File Income Tax Return Procedure for Assessment Year 2013-14. In this new procedure, tax payee can free download ITR-I to ITR-4S…
View More Procedure for online e-Filing of Income Tax Return for A.Y. 2013-14Type of Form one can opt to file income-tax return for the assessment year 2013-14
Individual and HUF Nature of income ITR 1 (Sahaj) ITR 2 ITR 3 ITR 4 ITR 4S (Sugam) Income from salary/pension Å“- Å“- Å“-…
View More Type of Form one can opt to file income-tax return for the assessment year 2013-14Impact of late filing of Income Tax Return and issue related to due date
1. Interest u/s 234A: If there is tax due after deducting advance tax, TDS and self assessment tax then interest will be applicable @1% per…
View More Impact of late filing of Income Tax Return and issue related to due dateProcess of using Pre-filled XML data in offline excel utility
This year Income Tax e filing portal has provided a new facilities of “Pre-filled XML data in offline Excel utility”on their website. The process of…
View More Process of using Pre-filled XML data in offline excel utilityProcess of filing a Revised Income Tax Return
The process of filing a Revised Return is the same as filing an Original Return. The only difference is that in the Excel utility (Return…
View More Process of filing a Revised Income Tax ReturnSteps to file Income Tax Return without using any software
After incorporating the new facilities on income tax e-filing portal, one can file his/her income tax returns directly on the department website without using any…
View More Steps to file Income Tax Return without using any softwareWho can use SAHAJ (ITR-1) and who cannot use SAHAJ? A.Y. 13-14
Scope of ITR-1 (Sahaj) form has been reduced in AY 2013-14 significantly. In comparison to last year,two main points has been added under restriction ,first persons is…
View More Who can use SAHAJ (ITR-1) and who cannot use SAHAJ? A.Y. 13-14