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
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. […]
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 rates
Income tax rate is provided in the PDF
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 […]
List of banks for tax payments available at e-Pay Tax service at e-filing portal
Following are the banks available at e-Filing portal – 25 Banks. Sr. No. Bank Name New/ Migrated Bank Date of enablement at e-Pay Tax Service at e-filing portal 1 Axis Bank Migrated Bank 01.11.2022 2 Bank of Baroda Migrated Bank 01.02.2023 3 Bank of India Migrated Bank 01.09.2022 4 Bank of Maharashtra Migrated Bank 01.10.2022 […]
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 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 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
List of banks for tax payments at e-Pay Tax service at e-filing Portal and OLTAS e-Payment of Taxes at Protean (previously NSDL)
Banks available at e-Filing Portal – 18 banks Bank Name New/ Migrated Bank Date of enablement at e-Pay Tax Service at e-Filing Portal Axis Bank Migrated Bank 01-Nov-22 Bank of India Migrated Bank 01-Sep-22 Bank of Maharashtra Migrated Bank 01-Oct-22 Canara Bank Migrated Bank 01-Oct-22 Central Bank of India Migrated Bank 01-Nov-22 City Union Bank […]