Extension of Time limit for submitting ITR-V for A.Y 2013-14 & A.Y 2014-15 Posted on July 17, 2015 by ADMINThe date for submitting ITR-V for returns eFiled for A.Y 2013-14 (filed on or after 1st April 2014 till 31st March 2015) and for A.Y 2014-15 (filed on or after 1st April 2014 till 30th June 2015) extended till 31st October
Release of Electronic Verification Code for Income Tax Return Verification Posted on July 13, 2015 by ADMINNotification No. 2/2015 regarding Electronic Verification Code (EVC) for electronically filed Income Tax Return as an alternative mode of verification released. [Refer Notification No. 2/2015 dated 13/07/2015] EVC would verify the identity of the person furnishing the return of income
New ITR Forms Notified for AY 2015-16 Posted on June 24, 2015 by ADMINCBDT has notified ITR 1, ITR 2, ITR 2A & ITR 4S for AY 201516 and amended Rule 12. These forms will substitute the previously notified ITR 1, 2 and 4S forms [Refer Notification No: 49/2015 dated 22/06/2015]. Note: Currently
Income Tax Changes w.e.f, 01 June 2015 Posted on June 5, 2015 by ADMINSection 194C : TDS on Transporters No TDS will be deducted on payment to those transporters, Who : 1) owns 10 or less good carriages during the previous year and 2) furnishes the declaration for not owning more than 10 goods carriages at
Income tax forms simplified, date for filing returns extended to Aug 31 Posted on June 4, 2015 by ADMINNEW DELHI: The finance ministry on Sunday came out with new three-page income tax return (ITR) forms, dropping the controversial provision for mandatory disclosure of foreign trips and dormant bank accounts, while it also extended the last date of filing