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income tax return

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Govt extends deadline to file annual GST returns to February 28, 2021

The government on Wednesday also extended deadlines for filing personal income tax returns by 10 days
Representational image.(PTI)
Representational image.(PTI)
Updated on Dec 31, 2020 05:15 PM IST
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Hindustan Times, New Delhi | By Rajeev Jayaswal

Deadline to file income tax returns extended by 10 days to January 10

This is the third time the deadline has been extended as taxpayers are facing challenges owing to Covid-19 pandemic.
The original deadline for filing ITR for financial year 2019-20 was July 31, but it was extended because of Covid-19 pandemic.(HT Archive)
The original deadline for filing ITR for financial year 2019-20 was July 31, but it was extended because of Covid-19 pandemic.(HT Archive)
Updated on Dec 30, 2020 07:03 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by Poulomi Ghosh

Government doubles penalty for missing ITR due date this year

This year the government has raised the penalty amount for missing the deadline, by imposing a fine upto Rs.10,000 as opposed to the Rs.5,000 imposed last year. The practise of charging late filing fees under Section 234F was introduced in the Budget of 2017.
According to the rules, individuals below 60 years of age earning Rs 250,000 or more annually are mandatorily required to file ITRs(pradeep gaur/mint)
According to the rules, individuals below 60 years of age earning Rs 250,000 or more annually are mandatorily required to file ITRs(pradeep gaur/mint)
Updated on Dec 30, 2020 06:49 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by Ayshee Bhaduri

Income tax return: Here’s how ‘Jhatpat Processing’ will help you file your return

The last date for filing income tax for taxpayers, who do not require an audit, is December 31, 2020, and the date for those who need audit is January 31, 2021.
According to the I-T department, the Jhatpat Processing feature will help individuals file their tax returns seamlessly.(Mint Photo)
According to the I-T department, the Jhatpat Processing feature will help individuals file their tax returns seamlessly.(Mint Photo)
Published on Dec 29, 2020 03:10 PM IST
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By hindustantimes.com | Edited by Meenakshi Ray

Income tax return: Last date for filing is Dec 31. Here is how to file yours online

According to rules, those who earn Rs 250,000 or more annually are mandatorily required to file ITRs. The limit for senior citizens or those between 60 years and 80 years of age is Rs 500,000.
The income tax office is seen in this file photo in Delhi.(Pradeep Gaur/ Mint Photo)
The income tax office is seen in this file photo in Delhi.(Pradeep Gaur/ Mint Photo)
Updated on Dec 29, 2020 12:58 PM IST
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Hindustan Times, New Delhi | By hindustatimes.com | Edited by Meenakshi Ray

ITR filing for FY 2019-20: 5 days left, ‘Don’t click on fake links,’ alerts income tax department

Alerting taxpayers, the income tax department has said that it does not request detailed personal information through e-mail.
The last date to file income tax return for financial year 2019-200 (assessment year 2020-21) is December 31. (Photo: ncometaxindiaefiling.gov.in)
The last date to file income tax return for financial year 2019-200 (assessment year 2020-21) is December 31. (Photo: ncometaxindiaefiling.gov.in)
Updated on Dec 30, 2020 03:10 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by Poulomi Ghosh

I-T case against Karti Chidambaram, wife over sale of property premature: Court

According to I-T officials, the Chidambarams received the property sale amount through a cash transaction but failed to disclose it in their income tax returns in the assessment year 2014-2015.
Two complaints were filed for offences under sections 276C(1) and 277 of the Income Tax Act 1961 against Karti and another complaint against both husband and wife under Sections 276C(1), 277 and 278 of the Act. (Photo@KartiPC)
Two complaints were filed for offences under sections 276C(1) and 277 of the Income Tax Act 1961 against Karti and another complaint against both husband and wife under Sections 276C(1), 277 and 278 of the Act. (Photo@KartiPC)
Updated on Dec 11, 2020 10:26 PM IST
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Hindustan Times, Chennai | By Divya Chandrababu

If you have withdrawn from PF fund, you will have to show in ITR

Experts have said information about the withdrawal from the PF account will have to be furnished in your income tax return form even if the amount withdrawn is outside the purview of income tax.
The office of chief commissioner of the Income Tax department in Dehradun is seen in this file photo.(Mint Photo)
The office of chief commissioner of the Income Tax department in Dehradun is seen in this file photo.(Mint Photo)
Updated on Nov 30, 2020 03:37 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by Meenakshi Ray

Over 15% candidates did not file I-T returns

A total of 1.463 candidates have filed their papers for contesting the elections for the 94 seats that will go to polls in the second phase of the Bihar assembly elections, on Tuesday. However, of these, more than 200 contestants have not filed their income tax return before filing the papers for the election.
Election officers check Electronic Voting Machines (EVM) and Voter Verified Paper Audit Trail (VVPATs) ahead of the second phase of Bihar Assembly election at Bankipur Girl’s High School, in Patna (Photo by Santosh Kumar/ Hindustan Times)
Election officers check Electronic Voting Machines (EVM) and Voter Verified Paper Audit Trail (VVPATs) ahead of the second phase of Bihar Assembly election at Bankipur Girl’s High School, in Patna (Photo by Santosh Kumar/ Hindustan Times)
Updated on Nov 02, 2020 09:03 AM IST
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Hindustan Times, Patna | By Ajay Kumar Pandey

Govt identifies 1,377 risky exporters, fraudulent IGST claims worth nearly Rs 2,000 cr

This number also includes seven ‘star’ exporters, people aware of the development said. They further said that these people are untraceable.
Income tax returns filed by these exporters are being verified.(Representative Photo)
Income tax returns filed by these exporters are being verified.(Representative Photo)
Updated on Jul 17, 2020 01:01 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by: Amit Chaturvedi

ITR filing deadline for FY 2019-20 extended till November 30

The department, in a tweet, said that the move has been taken “understanding and keeping in mind the times that we are in” and hoped it will help taxpayers “plan things better”.
File photo: People stand in queue to file their IT returns outside Income Tax office at BKC, Bandra in Mumbai.(Hindustan Times)
File photo: People stand in queue to file their IT returns outside Income Tax office at BKC, Bandra in Mumbai.(Hindustan Times)
Updated on Jul 04, 2020 12:23 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by Sparshita Saxena

Amid Covid-19 pandemic, Centre extends time limits for tax compliances

The time for filing of original as well as revised income-tax returns for the FY 2018-19 (AY 2019-20) has been extended to July 31, 2020, the Central Board of Direct Taxes (CBDT) said in a statement.
The CBDT clarified that there will be no extension of date for the payment of self-assessment tax for the taxpayers having self-assessment tax liability exceeding Rs. 1 lakh.(REUTERS)
The CBDT clarified that there will be no extension of date for the payment of self-assessment tax for the taxpayers having self-assessment tax liability exceeding Rs. 1 lakh.(REUTERS)
Updated on Jun 24, 2020 09:11 PM IST
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Hindustan Times, New Delhi | By hindustantimes.com | Edited by Sabir Hussain

Voter ID, drivers’ license among papers required for treatments in Delhi hospitals

Delhi chief minister Arvind Kejriwal announced on Sunday that beds in the city hospitals, including the private ones -- with the exception of which are providing specialised surgeries -- will be reserved for “people of Delhi”.
According to records of the city government’s planning department, the city currently has a population of around 19.1 million, of which, records of the election commission suggests, 14.6 million are eligible voters.(Sonu Mehta/HT PHOTO)
According to records of the city government’s planning department, the city currently has a population of around 19.1 million, of which, records of the election commission suggests, 14.6 million are eligible voters.(Sonu Mehta/HT PHOTO)
Updated on Jun 08, 2020 11:46 AM IST
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Hindustan Times, New Delhi | By HT Correspondent

Govt notifies tax return forms for Annual Year 2020-21

The forms also seek to captures information on cash deposits exceeding 1 crore, expenditure on foreign travel exceeding 2 lakh and electricity expenses exceeding 1 lakh.
The government has given four months’ additional time to the taxpayers to file returns for 2019-20 because of the Covid-19 pandemic.(AP file photo. Representative image)
The government has given four months’ additional time to the taxpayers to file returns for 2019-20 because of the Covid-19 pandemic.(AP file photo. Representative image)
Published on Jun 01, 2020 07:51 AM IST
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Hindustan Times, New Delhi | By Rajeev Jayaswal

Covid-19: After extending deadline to file income tax return, govt revises Sahaj, Sugam forms

The CBDT said that necessary modifications in the return forms Sahaj and Sugam are being made to allow taxpayers to avail the benefits of their investments/transactions made from April to June 2020.
Giving respite to tax payers, various statutory deadlines related to income tax which were ending on March 31, were extended till 30 June last month.(Pradeep Gaur/ Mint)
Giving respite to tax payers, various statutory deadlines related to income tax which were ending on March 31, were extended till 30 June last month.(Pradeep Gaur/ Mint)
Updated on Apr 19, 2020 03:11 PM IST
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Hindustan Times, New Delhi | By HT Correspondent

From income tax returns to ATM withdrawals: 10 announcements by FM Sitharaman

The measures were announced by the Union finance minister at a press conference as the country remained under lockdown to check the spread of coronavirus disease with the number of Covid-19 patients ballooning.
Union Finance Minister Nirmala Sitharaman(ANI photo)
Union Finance Minister Nirmala Sitharaman(ANI photo)
Updated on Mar 24, 2020 05:23 PM IST
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Tax department lets joint property owners file returns using simple forms

The notification by the tax department came in the backdrop of users expressing concern over its January 3 order. The department had then said that individual taxpayers possessing a house property in joint ownership were not eligible to file returns through these two forms.
The Central Board of Direct Taxes issued a notification allowing joint owners of a single house property to file income tax returns under Form-1 (Sahaj) or Form-4 (Sugam).(Yogendra Kumar/HT File Photo)
The Central Board of Direct Taxes issued a notification allowing joint owners of a single house property to file income tax returns under Form-1 (Sahaj) or Form-4 (Sugam).(Yogendra Kumar/HT File Photo)
Updated on Jan 11, 2020 06:02 AM IST
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Hindustan Times, New Delhi | By HT Correspondent

Simple ITR-1 income tax return form not for those paying Rs 1 lakh in electricity bill, owning house jointly

The government, which usually notifies forms for filing income tax returns by individuals in April every year, on January 3 notified tax return forms for assessment year 2020-21 (income earning year April 1, 2019 to March 31, 2020).
Published on Jan 05, 2020 05:58 PM IST
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New Delhi | By Press Trust of India

Income tax department issues new 2020 calendar for taxpayers with all deadlines

The January month calendar reminds you about the due dates for TCS and TDS deposits for the quarter ending December 31, 2019.
The income tax department has issued a new calendar for the year 2020(HT Photo)
The income tax department has issued a new calendar for the year 2020(HT Photo)
Updated on Jan 05, 2020 07:17 AM IST
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Livemint | By Nikhil Agarwal

CBDT extends all ITRs filing deadline for J-K, Ladakh UTs to Nov 30

The CBDT order also said the ITRs filed by individual taxpayers, post the set deadline of August 31, will also be considered valid as part of the latest order.
CBDT on Thursday extended the deadline for filing of all kinds of income tax returns to November 30 in the newly-created Union Territories of Jammu and Kashmir, and Ladakh(Mint)
CBDT on Thursday extended the deadline for filing of all kinds of income tax returns to November 30 in the newly-created Union Territories of Jammu and Kashmir, and Ladakh(Mint)
Updated on Oct 31, 2019 10:10 PM IST
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New Delhi | By Press Trust of India

Income Tax Return: IT department says ‘ITR-date-extended’ message on social media fake

September 30 is the last date for filing of ITR for all those whose accounts are to be audited like companies, partnership firms, proprietorships, etc. IT department has asked taxpayers to not be waylaid by a fake notification claiming extension of the date of filing ITRs
IT department has denied extending the date of filing Income Tax Returns to Octobre 15, it says the notification claiming so is ‘fake’(Mint Photo)
IT department has denied extending the date of filing Income Tax Returns to Octobre 15, it says the notification claiming so is ‘fake’(Mint Photo)
Updated on Sep 25, 2019 04:31 PM IST
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Hindustan Times, New Delhi | By HT Correspondent

ITR deadline extension notification fake: Income tax department

A fake notification claimed that the last date for filing ITR for audited assessees has been extended to October 15. Accountants are having a tough time in filing ITR within the due date of September 30.
The fake notification claims that on the basis of representation from various stakeholders, the income tax department has extended the due date of filing ITR.(Mint Photo)
The fake notification claims that on the basis of representation from various stakeholders, the income tax department has extended the due date of filing ITR.(Mint Photo)
Updated on Sep 25, 2019 12:13 PM IST
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livemint, New Delhi | By Staff Writer

Last day of filing ITR today. Fine, prosecution if you miss it

According to income-tax rules, if you file your return after the due date but before December 31 of the assessment year, you will have to pay a penalty of Rs 5,000. If you file it between January 1 and March 31 of the assessment year, the penalty goes up to Rs 10,000.
Under section 234A of the Income Tax Act, you are liable to pay simple interest at 1% per month or part of a month for delay in filing the return of income. You will have to pay the penalty on the belated return, irrespective of whether any tax is due or not.(Pradeep Gaur/Mint)
Under section 234A of the Income Tax Act, you are liable to pay simple interest at 1% per month or part of a month for delay in filing the return of income. You will have to pay the penalty on the belated return, irrespective of whether any tax is due or not.(Pradeep Gaur/Mint)
Updated on Jun 23, 2020 09:03 PM IST
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Hindustan Times, New Delhi | By HT Correspondent

August 31 is the last date to file ITR. Here’s how to do it online

Avoid paying a penalty and facing certain restrictions when you file a belated return and file ITR by the due date.
Saturday or August 31 is the last date to file your income tax return (ITR) for the assessment year 2019-20.(Hindustan Times)
Saturday or August 31 is the last date to file your income tax return (ITR) for the assessment year 2019-20.(Hindustan Times)
Updated on Jun 23, 2020 09:21 PM IST
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New Delhi | By HT Correspondent

How to file ITR online if you are a salaried employee

The total income during the assessment year 2019-20, however, should not be more than Rs 50 lakh.
A lot of information that you are required to fill in ITR-1 form will be pre-filled.(PTI image)
A lot of information that you are required to fill in ITR-1 form will be pre-filled.(PTI image)
Updated on Jun 23, 2020 08:58 PM IST
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New Delhi | By HT Correspondent

Your Income Tax Return filing deadline is August 31

The extension in the last date for filing ITR was expected due to the delay in release of Form 16.
You will have to file income tax returns irrespective of whether tax amount due or not.(HT File)
You will have to file income tax returns irrespective of whether tax amount due or not.(HT File)
Published on Jul 29, 2019 03:48 PM IST
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Hindustan Times | By HT Correspondent

File your income tax returns or face penalties, jail time

IIn case you fail to file your ITR altogether, the tax department can send you a notice and it can also lead to prosecution.
The penalty for filing your ITR late ranges from Rs 5,000 to Rs 10,000, depending on the delay and income tax due.(Illustration: Rushikesh Gophane)
The penalty for filing your ITR late ranges from Rs 5,000 to Rs 10,000, depending on the delay and income tax due.(Illustration: Rushikesh Gophane)
Published on Jul 23, 2019 02:35 PM IST
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Hindustan Times, Mumbai | By HT Correspondent, Mumbai

Made a mistake in filing IT return? Don’t panic

In case you want to make changes in your income tax return data, you can choose from options such as schedules being changed, donation and capital gain details. The gross total income and deduction amounts should be the same as in the processed return.
The income tax department gives you the option to rectify your error under section 154.(HT Photo)
The income tax department gives you the option to rectify your error under section 154.(HT Photo)
Published on Jul 23, 2019 02:34 PM IST
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Hindustan Times, Mumbai | By HT Correspondent

Tax details you must look out for

There are multiple reasons where you might miss out to mention your income or wrongly report the income.
You should cross-check all your investment and withdrawals and the TDS details before filing your returns so that you don’t miss out on any of the tax dues.(iStock Photo)
You should cross-check all your investment and withdrawals and the TDS details before filing your returns so that you don’t miss out on any of the tax dues.(iStock Photo)
Published on Jul 23, 2019 02:34 PM IST
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Mumbai | By HT Correspondent, Mumbai

How to file Income Tax Returns yourself

The government may extend the deadline to file returns, but it is better not to wait till the last minute. A breakdown of all you need to know.
Though the current deadline to file your ITR is July 31, the government is likely to extend this owing to the delay in the release of Form 16 — a document required by salaried individuals for the process.(HT FIle)
Though the current deadline to file your ITR is July 31, the government is likely to extend this owing to the delay in the release of Form 16 — a document required by salaried individuals for the process.(HT FIle)
Published on Jul 23, 2019 02:33 PM IST
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Hindustan Times, Mumbai | By HT Correspondent
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