Extension of date for filing of Income Tax Returns for taxpayers in Kerala Ministry of Finance Extension of date for filing of Income Tax Returns for taxpayers in Kerala In view of the disruption caused due to severe floods in Kerala, the Central Board of Direct Taxes (CBDT) hereby further extends the “Due Date” for […]
Tax Relaxation on NPS Maturity Value
Tax Relaxation on NPS Maturity Value LOK SABHA UNSTARRED QUESTION No. 3975 TO BE ANSWERED ON FRIDAY, THE 10TH AUGUST, 2018 SHRI KONAKALLA NARAYANA RAO: (a) whether the Government is contemplating to give tax rebate on the maturity value of the amount deposited under National Pension Scheme (NPS) like Public Provident Fund and if so, […]
Income Tax Refunds – Parliament Q&A
Income Tax Refunds – Parliament Q&A LOK SABHA UNSTARRED QUESTION NO: 1751 ANSWERED ON: 27.07.2018 PRASUN BANERJEE (a). the average time taken for Income Tax refunds; and (b). the details of all pending IT refunds since 2014 and the number of people awaiting IT refunds as on date? ANSWER MINISTER OF STATE IN THE MINISTRY […]
Filing of Income Tax Returns Deadline Extended for AY 2018-19
Filing of Income Tax Returns Deadline Extended for AY 2018-19 Extension of Due Date for filing of Income Tax Returns The due date for filing of Income Tax Returns for Assessment Year 2018-19 is 31.07.2018 for certain categories of taxpayers. Upon consideration of the matter, the Central Board of Direct Taxes(CBDT) extends the ‘due date’ […]
No Due Date Extension for filing Income Tax – CBDT
No Due Date Extension for filing Income Tax – CBDT CBDT – extension in due date for non-tax audit cases is fake and there are no such plans to extend this deadline beyond 31st July, 2018 CIRCULAR No.4/2018 F.No.370889/25/2018 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, […]
Linking of PAN with Aadhaar while filing of ITRs – CBDT Circular
Linking of PAN with Aadhaar while filing of ITRs – CBDT Circular CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs F.No.225/270/2017/lTA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA II Division, New Delhi, dated the 30th of June, 2018 Order under Section 119 […]
Long Pending issues & ongoing agitation – Income Tax Employees and Officers’ Associations
Long Pending issues & ongoing agitation – Income Tax Employees and Officers’ Associations Long Pending issues & ongoing agitation – Income Tax Employees Federation and Gazetted Officers’ Associations No. 2/2018-19 Dated, 9th July, 2018 To The Presidents/General Secretaries of all the Units/Circles of ITGOA and ITEF Dear Comrades, Sub : Long Pending issues & ongoing […]
Filing of Income Tax Returns by Government Employees
Filing of Income Tax Returns by Government Employees Income Tax : Filing of Returns by every Government Servant P.N.DEVADASAN, IRS Principal Commissioner Phone: 8547000030 Chennai 19/06/2018 To The Drawing & Disbursing Officer O/O Dy. Director of IT(INV) Unit III 139, IOC Bhavan I Floor IOC Bhavan, Nungambakkam High Road, Nungambakkam, Chennai – 600034 Dear Sir/Madam, […]
New Income Tax Forms for AY 2018-19 – CBDT Notification
New Income Tax Forms for AY 2018-19 – CBDT Notification Ministry of Finance CBDT notifies Income Tax Return Forms for Assessment Year 2018-19 The Central Board of Direct Taxes(CBDT) has notified Income Tax Return Forms (ITR Forms) for the Assessment Year 2018-19. For Assessment Year 2017-18, a one page simplified ITR Form-1(Sahaj) was notified. This […]
Standard Deduction Applicable for Pensioners – Clarification
Standard Deduction Applicable for Pensioners – Clarification Ministry of Finance Clarification regarding applicability of standard deduction to pension received from the former employer The Central Board of Direct Taxes (CBDT) has clarified that the pension received by a taxpayer from his former employer is taxable under the head “Salaries”. The Finance Act, 2018 has amended […]