The Income Tax Department on Sunday announced that over 6 crore tax returns have been filed for the previous year (2022-23) as of July 30, 2023.
ITR filing: Fortunately the tax department gives a choice to alter/change the bank and individual subtleties after filing the tax returns, that implies these mistakes can be amended.
The decision comes as people have been facing difficulties in e-filing of Audit reports for AY 2021-22 under the IT Act, 1961
GSTN said that the GST return filing system is working within expected limits. "Had it not been so, how more than 11.52 lakh GSTR3B (October) returns could have been filed yesterday with about 1.82 lakh returns filed in a peak hour," it said
ITR Filing: The last day for filing Income Tax Return (ITR) for the assessment year 2019-20 (the financial year 2018-19) is July 31. Taxpayers should know that they can file ITR through online mode as well. As per the notification of the Income Tax Department, certain sections of ITR forms will be pre-filled this year. The pre-filled ITR-1, ITR-2, ITR-3 and ITR-4 forms have already been provided by the I-T department and you can download those in XML file format.
In the previous AY 2014-15, 1.91 crore, out of 3.65 crore who filed returns, had paid income tax. But the total income tax paid by individuals declined to Rs 1.88 lakh crore in AY 2015-16 from Rs 1.91 lakh crore in AY 2014-15.
The Income Tax Department has picked 20,572 tax returns for "detailed scrutiny" suspecting discrepancies in incomes before and after demonetisation.
The government on Monday asked businesses to file final GST returns for the month of July by tomorrow as it ruled out any extension to the due date.
As much as Rs 42,000 crore has already come in as taxes so far in the first monthly filing under the new Goods and Services Tax (GST) regime and the revenues are expected to swell further as the filing cycle closes this later this week
The government has extended the deadline for filing Income Tax Returns for FY 2016-17 to August 5 following complaints by taxpayers
The Lok Sabha on Wednesday passed the Finance Bill 2017, paving the way for making Aadhar mandatory for tax returns. In a step aimed at curbing tax evaders, Union Finance minister Arun Jaitley has proposed
The Union Budget presented by Finance Minister Arun Jaitley for 2017-18 have brought cheer to honest tax payers with announcements of tax breaks for the salaried class. However, the Budget, which has been termed as
New Delhi, Jul 17: Special counters for filing of tax returns will be set up in the national capital. The counters would become operational from July 25 till July 31 and will remain open from
New Delhi, Jul 17: A country-wide probe conducted by the Income Tax department has found that close to 300 registered political parties have never filed their tax returns and the Election Commission has now asked
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