Income Tax Portal – OnlineTaxUpdate

Income Tax Portal24/09/202324/09/2023

Common Offline Utility for filing Income-tax Returns (ITR) 1, ITR 2, ITR 3, and ITR 4

The Central Board of Direct Taxes has released an updated Common Offline Utility for filing Income-tax Returns (ITR) 1, ITR 2, ITR 3, and ITR 4 for the Assessment Year (A.Y.) 2023-24. Taxpayers can download the ITR Offline Utility through the ‘Downloads’ menu. Date of release of latest version of utility 22-Sep-2023 Source: Income Tax

Income Tax Portal16/09/202316/09/2023

Check Bank A/c validation Status For Refund

Has your bank merged with another bank? Has your bank branch changed? Has your bank account number changed? Has Your name in Bank Account changed? Has your bank account closed or become inactive? Has IFSC Code of your bank account changed? IF YES…. You need to Update/ Revalidate your Bank A/c details on e-filing portal. […]

Income Tax Portal16/09/202316/09/2023

Digital Signature Certificate (DSC) related issues and solutions

Taxpayers are advised to check DSC for its expiry date, registration on e-Filing portal & installation of latest emBridge application to avoid last minute issues in e-Verification. In case, you are facing any problem in e-Verification through DSC, please refer to the following FAQs: Q1: During e-Verification using DSC, I am getting “Something went wrong” […]

Income Tax Portal08/09/202316/09/2023

Income tax rates

Income tax rate is provided in the PDF

Income Tax Portal08/09/202308/09/2023

Common offline utility for Form 3CA-3CD and 3CB-3CD

Latest Utility : Form 3CA-3CD and 3CB-3CD is released on 06-Sep-2023. Form 3CA-3CD: Audit report under section 44AB of the Income -tax Act, 1961, in a case where the accounts of the business or profession of a person have been audited under any other law and Statement of Particulars required to be furnished under Section […]

Income Tax Portal11/04/202311/04/2023

Date of first release of JSON Schema for ITR1

For individuals being a resident (other than not ordinarily resident) having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand. Schema Date of first release of JSON Schema : 11.04.2023 Source: Income Tax Portal

Income Tax Portal25/02/202325/02/2023

Income Tax portal under scheduled maintenance

Due to scheduled maintenance activities, e-filing site and associated services will not be available from 10 pm on 25th February 2023 to 8 am on 26th February 2023. Source: Income Tax portal

Income Tax Portal18/02/202315/03/2023

Income Tax Calculator – old regime vs new regime

Income tax portal has published a income tax calculator to show tax saving in new regime. https://incometaxindia.gov.in/Pages/tools/115bac-tax-calculator-finance-bill-2023.aspx