Income Tax News

ITR-1 and ITR- 4 for AY 2019-20 are now available for e-filing

09 April 2019 at 20:55

The all new ITRs - ITR-1 and ITR-4 are now available to file the online return for the FY 2018-19. The last date to file the return is 31st July 2019. Other returns will also be made live shortly.These ITRs are applicable for,ITR- 1Applicable for: I

Posted in Income Tax | 4 comments | 10047 Views

IT officials conduct raid on 52 locations in 4 states

09 April 2019 at 11:23

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 8th April, 2019Brief highlights of the recent searches in NCR, Bhopal, Indore and GoaBased upon credible information of large scale collection, posses

Posted in Income Tax | 12 comments | 11127 Views

Extension of the due date for furnishing report u/s 286(4) to 30th April 2019

09 April 2019 at 11:23

F No 370142/17/2018 -IPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Circular No.7/2019New Delhi, April 8, 2019 Order under section 119 of the Income-tax Act, 1961 Vide Notification in GSR 1217 (E) date

Posted in Income Tax | 10062 Views

CBIC issues clarification for taxpayers opting composition scheme

08 April 2019 at 11:18

Circular No. 97/16/2019-GSTF. No. CBEC-20/16/04/2018 � GST (Pt. I)Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Indirect Taxes and CustomsGST Policy Wing****New Delhi, Dated the 5th April 2019To,The Principal Chief

Posted in Income Tax | 8337 Views

ITR Forms for AY 2019-20 notified by CBDT

05 April 2019 at 11:32

New ITR forms have been released by CBDT for the assessment year 2019-20. They will have come into force from 1st April 2019.

Posted in Income Tax | 1 comments | 16119 Views

Last date to link PAN with Aadhaar extended to 30th Sep 2019

01 April 2019 at 11:37

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 31st March, 2019CBDT issues clarification on linking of PAN with AadhaarIt has been reported in some sections of the media that those PANs which are n

Posted in Income Tax | 1 comments | 4890 Views

Startups can now view their application to DPIIT in e-filing

27 March 2019 at 23:51

Facility to view Form 2 Declaration filed with DPIIT ( Department for Promotion of Industry and Internal Trade) by a startup is now available in e-Filing. Go to My Account -> 'View Startup Form 2 Declaration'.

Posted in Income Tax | 2886 Views

Banks to remain open on Sunday 31st March

27 March 2019 at 12:46

According to a recent notification released by RBI, it says that the Government of India has advised all Pay and Account offices to remain open on 31st March 2019 to facilitate

Posted in Income Tax | 6762 Views

CBDT refutes media report on Yeddyurappa diary

25 March 2019 at 11:24

A search action under Section 132 of the Income-tax Act, 1961 was carried-out on Sh. D.K Shivakumar and Group of Cases on 2nd August, 2017 by the Income Tax Investigation Directorate of Karnataka & Goa. A large evidence of incriminating material

Posted in Income Tax | 6612 Views

IT dept conduct searches in Kashmir Valley

18 March 2019 at 13:12

IT Department has seized Rs. 1.44 crores cash & more during the search operation in Kashmir ValleyIncome Tax Dept has conducted searches at 5 locations in J&K region on 14th March 2019. The actions were a part of Department's continued dr

Posted in Income Tax | 9 comments | 7887 Views