Tag Archives: ITR

ITR Forms for AY 2016-17 (FY 2015-16) Notified by Income tax Dept

INCOME-TAX (NINTH AMENDMENT) RULES, 2016 AMENDMENT IN RULE 12 AND SUBSTITUTION OF FORMS SAHAJ (ITR-1), ITR-2, ITR-2A, ITR-3, SUGAM (ITR-4S), ITR-4, ITR-5, ITR-6, ITR-7 AND ITR-V NOTIFICATION NO. SO 1262(E) [NO.24/2016 (F.NO.370142/2/2016-TPL)], DATED 30-3-2016 In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of… Read More »

Assessee can rely on ITR format to arrive at total liability

Issue Assessing officer has erred in law and on facts in computation of the eligible MAT credit available of Rs. 3,90,62,234 without including surcharge and education cess while arriving at the amount of total tax payable under the normal provisions of the Income Tax Act, 1961 and under sec. 115JB of the Act. Held Assessee… Read More »

How to file Income Tax Return Online

How to file Income Tax Return Online Register With Income Tax Department To file Income tax return or to View your tax credit statement in Form 26AS  you need to register yourself on the Income tax website https://incometaxindiaefiling.gov.in/ Now the Steps for filling online return are hereunder: Step 1: Open the Income Tax portal https://incometaxindiaefiling.gov.in/,… Read More »

EVC Verification of e Return of AY 2013-14 and AY 2014-15

EVC Verification of e Return of AY 2013-14 and AY 2014-15 F.No. 2251141/2015/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  North Block, New Delhi, Dated- 20th   of July, 2015 Order under section 119(1) of income-tax Act. 1961 Subject: Validation of tax-returns through Electronic Verification Code-reg.- The Central… Read More »