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January 8, 2021
ITR filing: These apps will help you file your income tax returns for free ITR filing: As per the latest data by the Income Tax India, more than 5.16 crore ITR for AY 2020-21 have been filed till January 6, 2021. Yesterday alone 8,43,506 ITRs were filed BusinessToday.In | January 8, 2021 | Updated 16:20 IST Filing your income tax returns is a mammoth task. This year, however, government has extended the deadline multiple times due to the COVID-19 pandemic Filing your income tax returns is a ma...
January 6, 2021
Updated Jan 06, 2021 | 10:11 IST ‘Jhatpat Processing’, however, is only possible if the taxpayer’s ITR is checked, bank statements are pre-validated, and no delay or income difference or tax is deducted from the source Havent filed ITR yet? Here’s how ‘Jhatpat Processing’ will help you file your return  New Delhi: As the last date of filing income tax for FY 2019-20 is approaching, the Income Tax department has introduced a new initiative called, Jhatpa...
December 31, 2020
Indias fiscal deficit crosses 135% of budget estimates in Nov The fiscal deficit currently stands at Rs 10,75,507 crore according to the latest data released by the Controller General of Accounts (CGA) BusinessToday.In | December 31, 2020 | Updated 20:10 IST Indias fiscal deficit surged to Rs 10.75 lakh crore at the end of November2020, which is equivalent to 135.1 per cent of the 2020-21 Budget Estimates (BE). This is predominantly attributed to low revenue collections owing to disruptions in...
December 29, 2020
Lenders extend ICA for Reliance Home Finance resolution till March 2021 Reliance Home Finance, part of Anil Ambani-promoted Reliance Group, recently got bids from six suitors as part of the debt resolution process PTI | December 29, 2020 | Updated 15:42 IST Lenders to troubled mortgage firm Reliance Home Finance (RHF) have extended the inter-creditor agreement (ICA) for another three months. Reliance Home Finance, part of Anil Ambani-promoted Reliance Group, recently got bids from six suitors...
December 25, 2020
Updated Dec 25, 2020 | 10:54 IST The last date for filing ITR for income earned in FY 2019-20 (Assessement Year 2020-21) was extended to December 31, 2020 in view of the pandemic I-Tax dept launches ‘Jhatpat Processing’ for quicker ITR filing  |  Photo Credit: PTI New Delhi: Days ahead of the last date for filing Income Tax Return (ITR), the Income Tax department launched a new initiative to make the experience better for taxpayers. It launched the ‘Jhat...
December 24, 2020
Introducing Jhatpat Processing! Processing started for ITR-1 & 4. Individuals who are interested in using the new feature for ITR-1 can click here for a full video tutorial that has been uploaded on Youtube by the Income Tax Department. A separate video tutorial has also been uploaded for ITR-4 forms. The new feature will make the process of filing ITR easier, according to the tax department Eligibility According to the tax department, the feature will only be applicable to taxpayers whose ITR...
December 22, 2020
I-T Dept launches Jhatpat Processing for filing income tax returns; check details The I-T Department said that Jhatpat Processing feature has already been started for ITR-1 and 4 forms and taxpayers can file their I-T returns for AY 2020-21 The last date for filing ITR for FY 2019-20 is December 31 The Income Tax Department has introduced a Jhatpat Processing initiative to ease the income tax return filing experience for taxpayers. The last date to file income tax returns (ITR) for the financia...
December 21, 2020
To file your I-T return online you need to follow the steps mentioned below: - Go to the I-T Department’s website, www.incometaxindiaefilling.gov.in, and register yourself with your Permanent Account Number (PAN). - After you have successfully registered, find the download menu option. - Be mindful, ITR-1’s Sahaj return are for the salaried person, own property, earn interest income or are a pensioner. - Now using detail given in your Form 16, fill them out in the Return Prepar...