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ITR forms News

17 Aug 2024

ITR Refund: Who Will Receive Faster Refund Among ITR-1, ITR-2, and ITR-3?

Income Tax Return (ITR) Refund: It is important to note that your tax refund can only be issued once the Income Tax Department processes your verified ITR.

15 Feb 2023

Income Tax: CBDT Notifies ITR Forms for Assessment Year 2023-24

ITR Form 1 (Sahaj) and ITR Form 4 (Sugam) are simpler forms that cater to a large number of small and medium taxpayers.

05 Apr 2018

New ITR forms for 2018-19 notified, some fields 'rationalised'

The policy-making body of the tax department said on Thursday that some fields have been "rationalised" in the latest ITRs forms.

Central Board of Direct Taxes

25 Apr 2017

Income Tax Filing 2017: All you want to know about the single page ITR form SAHAJ

The government has notified Income-Tax Return Forms for the Assessment Year 2017-18 and one of the major reforms made in the notified ITR Forms is the designing of a one page simplified ITR Form-1 (Sahaj).

01 Apr 2017

E-filing for two ITRs launched by I-T dept

The Income Tax department today launched the e-filing facility for select Income Tax Returns (ITRs) for the assessment year 2017-18.

Income Tax returns

30 Mar 2017

I-T dept to seek info on deposits made during demonetisation in new ITRs

The taxman will seek data on deposits made by an assessee during the demonetisation period as part of the new Income Tax Returns (ITRs) that would be notified soon for assessment year 2017-18.

01 Apr 2016

IT dept notifies new ITRs; taxman eyes those earning over Rs 50 lakh

Filing for the new forms begins with the onset of the new financial year today.

Income tax return

25 Mar 2016

ITR forms for AY 2016-17 to be notified early April

Finance Ministry is likely to notify by first week of April new income tax return forms for Assessment Year 2016-17 which will more or less be similar to the one that was filed by assessees last year.

22 Nov 2015

Government to further simplify ITR forms, sets up committee

Government is looking to further simplify Income Tax return forms to help taxpayers fill them without seeking help from experts and the Revenue Department has set up a committee in this regard.

07 Sep 2015

Hurry! Last day for E-filing of I-T return today

The Central Board of Direct Taxes (CBDT) had extended the deadline to September 7, i.e today. So, if you haven't e-filed your income tax return yet, then hurry and fill it right now.

02 Sep 2015

Last date for e-filing of I-T return extended to Sept 7

The government on Wednesday extended the last date for e-filing of Income Tax return by a week to September 7.

02 Aug 2015

Income tax department notifies return forms for firms

The Central Board of Direct Taxes (CBDT) has notified tax returns forms for non-salaried class, including companies, partners in firms and individuals deriving their income from proprietary business or profession for 2015-16.

01 Aug 2015

New ITR forms for non-salaried individuals: Which form should you file?

The Income Tax department has notified the revised set of ITR forms for non-salaried individuals to file their returns for the assessment year 2015-16.

01 Jun 2015

Govt introduces 3-page ITR forms, extends filing date till Aug 31

The new forms -- ITR 2 and ITR 2A -- will have only three pages and other details will have to be filled in schedules, said a Finance Ministry statement.

Tax return forms

28 May 2015

Court pulls up I-T Dept for withholding info on foreign accounts

A Delhi court on Thursday pulled up the Income Tax (IT) Department for withholding information on foreign bank accounts of those persons against whom it has filed complaints and slapped a fine of Rs 10,000 on it.

Tax return forms

12 May 2015

Foreign travel details in ITR at suggestion of SIT: Jaitley

Foreign travel details sought in the new income tax return (ITR) forms was done so that risk profiling for detection of tax evasions could be done but the form is being modified in view of the opposition to it.

12 May 2015

Govt to modify new income tax return forms

Government on Tuesday said it has decided to "modify" the new Income Tax Return (ITR) forms in wake of concerns raised over them.

01 May 2015

FM exempts foreign investors from MAT; simple ITR on way

Finance Bill was passed by voice vote, bringing to close the three-stage budget process in the House.

Tax return forms

24 Apr 2015

Biz leaders meet FM Jaitley; want tax return forms simplified

The industry representatives said after the meeting that Jaitley assured them to look into simplifying the ITR and at making the forms smaller and the process of filing returns quicker.

23 Apr 2015

FM Arun Jaitley to meet business chambers today on ITR forms

Finance Minister Arun Jaitley is likely to meet business chambers on Friday to get their views on new income tax returns form, after the government faced flak over it seeking details on bank accounts and foreign travel.

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