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Income Tax Department to launch simplified e-filing of ITR form from April 1
Wed, Mar 29, 2017
Income Tax Department will introduce simplified e-filing of Income Tax return form on April 1 this year which will do away with some columns while filing the the IT returns.
Lok Sabha passes the Finance Bill
Wed, Mar 22, 2017
Finance Minister Arun Jaitley while speaking in Lok Sabha on Wednesday said that the government is linking Aadhaar card of individuals while filing Income Tax Returns (ITRs) to stop tax evasion.
Income Tax Department processes 92% of Income Tax Returns within 60 days
Mon, Feb 13, 2017
The Government of India's Income Tax Department has processed 92% of Income Tax Returns (ITRs) within 60 days for the current financial year 2016-17(FY17).
CBDT extends date for filing tax returns under IDS to Oct 17
Fri, Sep 09, 2016
In a move to remove inconvenience and facilitate smooth process of filing tax returns under the Income Declaration Scheme (IDS), the Central Board of Direct Taxes (CBDT) has extended the date for taxpayers to October 17, Zee Business news channel reported on Friday.