Income Tax News

Date extended for linking PAN with Aadhaar to 30th Sep 2019

06 June 2019 at 11:25

TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes NOTIFICATION No. 31/2019 New Delhi, the 31st of March, 2019 In exe

Posted in Income Tax | 1971 Views

Due date extended for filing TDS statement Form 24Q to 30th June

04 June 2019 at 12:13

CBDT extends the due date of filing of TDS Statement in Form 24Q for the financial year 2018-19 from 31st of May, 2019 to 30th of June, 2019.F.No.275/38/2017-IT(B)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxe

Posted in Income Tax | 2 comments | 7710 Views

ITR 1, 2, 3, 4 & 5 for AY 2019-20 is now available for e-Filing

29 May 2019 at 12:19

ITR 1, 2, 3, 4 & 5 for AY 2019-20 is now available for e-Filing. Other ITRs will be available shortlyInstructions:1. Select the Assessment Year2. Download and extract the zip file containing the utilities to the folder and open the utility3. Syst

Posted in Income Tax | 7326 Views

CBDT extends due date for TDS compliance in Odisha

25 May 2019 at 10:43

With a view to redress genuine hardship faced by the deductors due to the severe disruption of normal life and breakdown of communication systems caused by cyclone "Fani" hitting the State of Odisha on 3rd of May, 2019, CBDT has provided th

Posted in Income Tax | 7122 Views

Modification in Form No. 15H: IT (4th Amendment Rules), 2019

23 May 2019 at 18:02

MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)NOTIFICATIONNew Delhi, the 22nd May, 2019INCOME-TAXG.S.R. 375(E),- In exercise of the powers conferred by sub-section (1C) of section 197A read with section 295 of the Income-t

Posted in Income Tax | 6321 Views

CBDT issues Draft Notification for Amendment of Form No 10B of the Income-tax

22 May 2019 at 11:58

Section 12A of the Income-tax Act, 1961 (the Act) provides for conditions for applicability of Sections 11 and 12 of the Act. One such condition under clause (b) of sub-section (1) thereof is that where the total income of the trust or institution c

Posted in Income Tax | 2 comments | 8430 Views

ITR 1,2,3,4 are now available for e-filing for AY 2019-20

11 May 2019 at 13:09

ITR 1, 2, 3 & 4 for AY 2019-20 is now available for e-Filing. Other ITRs will be available shortly Form Description Microsoft Excel Java Instructions ITR 1 For Individuals being a Resident (other than Not Ordinarily Resi

Posted in Income Tax | 8142 Views

Procedure for issuance of TDS certificate in Part B of Form 16

08 May 2019 at 12:46

Notification No. 09/2019 F. No. Pr. DGIT(S)/CPC(TDS)/Notification/Part-B Form16/2019-20 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi New Delhi, 06'th, May, 2019 Subject: Proce

Posted in Income Tax | 8 comments | 29619 Views

Department clarifies E-filing of IT returns has increased 19 percent

07 May 2019 at 11:42

There have been some incorrect reports in media pertaining to reduction in numbers of Income Tax Returns(ITR) e-filed during Financial Year(F.Y.) 2018-19 as compared to F.Y. 2017-18. This is factually untrue, because the figures for F.Y. 2017-18 and

Posted in Income Tax | 5469 Views

CBDT Rectifies earlier notification amending Income Tax Form 16

06 May 2019 at 11:13

MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES)Notification No. 38/2019New Delhi, the 3rd May, 2019G.S.R. 347(E). - In the notification of the Government of India, Ministry of Finance, Department of Revenue (Central Board of

Posted in Income Tax | 7548 Views