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Central Board of Direct Taxes CBDT has announced an extension of the Income Tax Return ITR filin...
Income Tax Return ITR filing process for Assessment Year AY has not yet begun, leaving t...
The Income Tax department has issued an important message for taxpayers regarding income tax returns...
The deadline for filing the Income Tax Returns (ITR filing) expires today for taxpayers. If you haven’t filed your ITR for AY 2023-24 (FY 2022-23) yet, you must do it by the end of the day, July 31, 2023. Income Tax has recently shared a Tweet through its official Twitter handle, “A new milestone! More […]
Income Tax India has recently shared a tweet through the official Twitter handle on linking PAN with Aadhaar. The Income Tax India tweet said, “Dear Taxpayers, Concerns have been raised by certain NRIs/ OCIs regarding their PANs becoming inoperative, although they are exempted from linking their PAN with Aadhaar.” “Further, PAN holders, whose PANs have […]
Revenue Secretary Sanjay Malhotra has asked income taxpayers to file their ITR at the earliest as the government is not contemplating an extension of the July 31 deadline. Sanjay Malhotra further said, “We would like to thank income tax return filers as ITR filing has been at a much faster pace than last year and we would […]
Union Finance Minister Nirmala Sitharaman lists out steps taken by Modi Govt for middle-class and shared tax benefits including income tax exemption for those earning up to Rs 7.27 lakh per annum. Nirmala Sitharaman said in a tweet said, “Under the new regime, there is no income tax to be paid for annual income up to Rs […]
The income tax department has issued a clarification on PAN-Aadhaar linking regarding difficulties faced by individuals in Aadhaar-PAN linking. Income Tax has shared a Tweet from the official Twitter handle saying, “Kind Attention PAN holders! Instances have come to notice where PAN holders have faced difficulty in downloading the challan after payment of a fee […]
In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to 30th June 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions. Notification to this effect is being issued separately. Under the provisions of the Income-tax Act, 1961(the […]
The PAN-Aadhaar linking is important. In terms of government processing, it helps to verify the identity of individuals filed by income tax returns. Income Tax shared a tweet from its official Twitter handle saying, “Last date to link your PAN & Aadhaar is approaching soon!” “As per IT Act,1961, it is mandatory for all PAN […]
