Revised ITR-7 for Charitable Trusts and Institutions AY 2023-24
CBDT notifies changes in ITR-7 for AY 2023-24 to allow separate reporting of 115BBI income and correct computation of tax by applying normal rates only on other income.
Tag: Income Tax Return (ITR)
CBDT Guidelines on Condonation of Delay in ITR Filing by Cooperative Societies
CBDT Circular 13/2023 provides guidelines for condoning the delay in filing income tax returns by co-operative societies claiming deductions under Section 80P, for AY 2018-19 to AY 2022-23.
Excel Utility for ITR-1 Sahaj and ITR-4 Sugam (AY 2023-24)
Discover how to use the Excel utility for filing ITR-1 Sahaj and ITR-4 Sugam for AY 2023-24, including downloading the utility, enabling macros, troubleshooting common issues, and contacting customer …
Mandatory ITR Filing Requirements in Otherwise Exempt Cases
The Income Tax Act/Rules have been amended to broaden the scope of mandatory filing, requiring certain individuals to submit their income tax returns, even if they were previously exempt.
CBDT notifies New ITR Forms for AY 2023-24 (ITR 1 Sahaj, 2, 3, 4 Sugam, 5, 6, 7)
CBDT has notified new Income Tax Return (ITR) Forms in respect of Assessment Year (AY) 2023-24, i.e. ITR-1 Sahaj, ITR-2, ITR-3, ITR-4 Sugam, ITR-5, ITR-6 and ITR-7, vide Notifications …
CBDT extends ITR Filing due date for AY 2022-23
CBDT extends the due date for filing Income Tax Return (ITR) u/s 139(1) for AY 2022-23 from 31/10/2022 to 07/11/2022 for corporate assessees or where tax audit is applicable.
Tax Audit Report Due Date Extended by CBDT for AY 2022-23
CBDT has extended the due date for filing of Tax Audit Report (TAR), Transfer Pricing Report (TPR), etc. in respect of FY 2021-22/ AY 2022-23, from 30/09/2022 to 07/10/2022. …
CBDT Extends Timeline for ITR Filing by Successor Companies u/s 170A
CBDT extends timeline for filing of modified Income Tax Return (ITR) in Form ITR-A by a successor company u/s 170A from 30/09/2022 to 31/03/2023 in certain cases, where the order …
New IT Rule 12AD/ Form ITR-A for Return u/s 170A and Amendment in Form ITR-6: CBDT Income Tax Notification 110/2022
The CBDT notifies the Income-tax (31st Amendment) Rules, 2022, to insert a new IT Rule 12AD/ Form ITR-A regarding the filing of a Return of Income by a Successor …
CBDT notifies Revised Timeline of 30 Days for ITR Verification
CBDT reduces the ITR verification time limit from 120 days to 30 days. Discover how taxpayers can avoid penalties and legal issues.