Q 1. What are the way, I can file my Income Tax Returns? Return of income can be filed manually or online mode. If return of income is filed through online mode, then the assessee has following two options: (1) E-filing using a Digital Signature (2) E-filing without a Digital Signature If return of income…
The due date for filing of ITR-V for AY 2012-13 and 2013-14 has been extended to 31st March, 2014. The notification produced in this regard is given below: Notification for Extension of date for receipt of ITR-Vs in CPC, Bengaluru, for the cases of AY 2012-13 and 2013-14 received/e-filed in FY 2012-13- Reg. There are…
Notification for Extension of date for receipt of ITR-Vs in CPC. for the cases of AY 2012-13 and AY 2011-12 e-filed in FY 2012-13. There are many taxpayers who have uploaded their Income Tax Returns electronically (without digital signature certificate) for A.Y. 2011-12 (filed during F.Y. 2012-13) and for ITRs of A.Y. 2012-13 (filed on…
Mismatch of Tax Credit (Form 26AS): One of the most common reasons of tax refund delays is mismatching of the taxes paid by you with the Governments online record (Form 26AS). Incorrect bank or personal account details: While filing tax return one should ensure that mailing address, bank details, Permanent Account Number (PAN) and all…
CBDT clarified that the exemption from filing of income tax returns given to salaried person earning upto Rs.5 lakhs was only for assessment year 2011-12 and 2012-13. This exemption was given due to complexity of e filing facing by taxpayers as well as by tax officers in processing through manual entry on system. But now…
Necessary documents required before e filing tax return: PAN card Previous Tax Return Form 26AS Form 16 Form 16A Step 1: Open the website for online tax filing https://incometaxindiaefiling.gov.in/ in your browser to begin the e-filing process. Step 2: There are various kinds of income tax forms located on the right side of the site…