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The last date to file the income tax return (ITR) for FY 2022-23 (AY 2023-24) was July 31, 2023. If you have missed this deadline, you can still file it but it will be called a belated ITR and you…
The Ministry of Finance is not planning to extend the deadline for filing income tax returns. The last date for filing income tax (I-T) returns for the financial year 2022-23 (assessment year 2023-24) is July 31. Revenue Secretary Sanjay Malhotra…
The Income Tax Department has issued an Update dated October 04, 2022 regarding the Form 3CEB offline utility is now available for filing on the Income Tax e-filing portal. Source: Income Tax website
The income tax e-filing and GST Network portals are working “pretty well” and the systems are running effectively, Infosys CEO Salil Parekh has said. Infosys has developed both the portals and is also the backend technology support provider. In an…
The CBDT vide Notification No. 05 of 2022 dated July 29, 2022 regarding the reduction of time limit for verification of the Income Tax Return (“ITR”) from within 120 days to 30 days of transmitting the data of ITR electronically…
The Department expresses its gratitude to taxpayers and tax professionals for making compliances in time leading to a surge in filing of Income Tax Returns (ITRs) resulting in a new record of ITRs filed on a single day. The surge…
Question 1: Self-assessment tax paid but not reflecting in prefilled details. Resolution: As per the normal process, it takes 3 to 4 days for different banks to provide information to the department. Post that, it gets prefilled in the Tax-returns/Pre-filled…
Order F. No. 225/125/2022-ITA.II under Section 119(1) of the Income Tax Act, 1961 dated 30.07.2022 is published by Central Board of Direct Taxes – CDBT. Vide this order CBDT has directed that all ASK Centers to remain open on 31st…
The Income Tax Department said that more than 4 crore returns had been filed through the e-filing portal until Friday for the financial year 2021-22, despite a widespread request for the due date to be extended beyond July 31. “Over…