26 May 2020


Search Results for Tag : return

Notifications & Circulars

Wealth tax return not required 2016-2017 onwards(01.04.2016)

With the Central Government’s recent decision to abolish the wealth tax, the read»



New updated Version of Income Tax Return Statistics for Assessment Year 2012-13 released(19.08.2016)

Central Board of Direct Taxes (CBDT) had proactively released data relating to direct tax collections, PAN allocation and distribution of income in th.....

Tags : Statistics, Income Tax Return, updated Version

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Government extends due date for filing of Income Tax Returns from 30th September, 2016 to 17th October, 2016(12.09.2016)

The due date for filing of Income tax returns by tax payers whose accounts are required to be audited under the Income Tax Act is the 30th September o.....

Tags : Income Tax Returns, Filing, Extension of date

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Filing of Revised Income Tax Returns by the Tax Payers Post De-Monetisation of Currency(14.12.2016)

Under the existing provisions of Section 139(5) of the Income-tax Act, 1961 ('Act'), Revised Return can only be filed if any person, who has filed a r.....

Tags : Income Tax, Returns, Filing

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Income Tax Department receives Silver Award for e-filing of Income Tax Returns project in the Awards National on e-Governance 2016-2017(10.01.2017)

The Income Tax Department is proud to announce that it has been conferred the Silver Award in the National Awards on e-Governance-2016-17 for the e-fi.....

Tags : Tax-returns, e-filing, Awards National

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Foreign Direct Investment - Reporting under FDI Scheme on the e-Biz platform(21.08.2015)

The Reserve Bank of India enabled online filing of the 'Foreign Currency Transfer of Shares' returns for reporting transfer of shares, convertible deb.....

Tags : Rbi, fema, return, online filing, return

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Service Tax and Central Excise (Furnishing of Annual Information Return) Rules, 2016(15.02.2016)

The Ministry of Finance notified Rules pertaining to forms furnished under Section 15A of the Central Excise Act, 1944. Information return referred to.....

Tags : Service tax, return, annual, electronic

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Interest income to be included in tax return(01.01.1900)

The Central Board of Direct Taxes notified persons earning interest income that interest credited or received on deposits is taxable unless exempt und.....

Tags : Income tax return, interest income, inclusion

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TDS and filing of ITR in case both the parents are dead of minor(29.05.2017)

1.It has been brought to the notice of CBDT that in cases of minors whose both the parents have deceased, TDS deductors/Banks are clubbing the interes.....

Tags : Filing, Return, Minor

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Status of the Return of SBNs - Reserve Bank of India (RBI) Annual Report 2016-17(30.08.2017)

The RBI Annual Accounts for 2016-17, at note XI.6.2 Liabilities of Issue Department - Notes Issued in para (ii) mentions -

"Until June 30, .....

Tags : Return, SBNs, Status

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Extension of time limit for furnishing the return by a non-resident taxable person, in FORM GSTR-5, under Sub-section (5) of Section 39 of CGST Act, 2017(21.12.2017)

In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017.....

Tags : Extension, Time limit, Returns

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Waiver of amount of late fee payable by any registered person for failure to furnish the return in form GSTR-5 by the due date under Section 47 of the CGST Act, 2017(23.01.2018)

In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in this notification referr.....

Tags : Return, Furnishing, Late fee, Waiver

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Extension of date for filing of Income Tax Returns and Audit Reports from 30th September, 2018 to 15th October, 2018(24.09.2018)

The due date for filing of Income Tax Returns and Audit Reports for Assessment Year 2018-19 is 30th September, 2018 for certain categories of taxpayer.....

Tags : Date, Extension, IT Returns, Filing

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CBDT further extends date for filing Income Tax Returns and Audit Reports(08.10.2018)

The due date for filing of Income Tax Returns and Audit Reports for Assessment Year 2018-2019 is 30th September, 2018 for certain categories of taxpay.....

Tags : Income Tax Returns, Date, Extension

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Extension of time limit for furnishing the return in FORM GSTR-4 for the quarter July to September, 2018(29.11.2018)

In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017.....

Tags : Time limit, Extension, Returns

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Revised Procedure for electronic filing of Central Excise returns and for electronic payment of Excise duty and Service tax arrears under the new portal www.cbic-gst.gov.in(08.05.2019)

Attention is invited to the Circular No.956/17/2011-C.Ex dated 28.9.2011 issued by the Board with regard to the procedure for electronic filing of CE .....

Tags : Revised Procedure, Electronic filing, Excise returns

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E-filing of Income Tax Returns registers an increase of 19%(06.05.2019)

There have been some incorrect reports in media pertaining to reduction in numbers of Income Tax Returns(ITR) e-filed during Financial Year(F.Y.) 2018.....

Tags : E-filing, Income Tax, Returns

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Transition plan to the new GST Return(11.06.2019)

The GST Council in its 31st meeting decided that a new GST return system will be introduced to facilitate taxpayers. In order to ease transition to th.....

Tags : Transition plan, GST Return, Introduction

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The return in FORM GSTR-3B of Central Goods and Services Tax Rules, 2017 for each of the months from October, 2019 to March, 2020 shall be furnished electronically(09.10.2019)

In exercise of the powers conferred by section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017) read with sub-rule (5) of rule 61 of t.....

Tags : Return, Furnishing of, Electronically

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Relaxation of additional fees and extension of last date in filing of forms MGT-7 (Annual Return) and AOC-4 (Financial Statement) under the Companies Act, 2013-UT of J&K and UT of Ladakh(31.01.2020)

Sir

In continuation to General Circular No. 15/2019 dated 28-11-2019 and keeping in view of the requests received from various stakeholders.....

Tags : Annual Return, Companies Act, 2013

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Clarification in respect of option under Section 115BAC of the Income-tax Act, 1961(13.04.2020)

1. Section 115BAC of the Income-tax Act, 1961 (the Act), inserted by the Finance Act, 2020 wef the assessment year 2021-22, inter alia, provides that .....

Tags : Clarification, Filing return, Tax deduction

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SEBI advises Franklin Templeton mutual fund to focus on returning money to investors(07.05.2020)

SEBI has advised Franklin Templeton mutual fund (FT) to focus on returning money to investors, in the context of their winding up six of their debt sc.....

Tags : Advisory, Returning of money, Investors

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Extension of time limit for furnishing the return by a registered person required to deduct tax at source in Form GSTR-7(10.04.2019)

In exercise of the powers conferred by sub-section (6) of section 39 read with section 168 of the Central Goods and Services Tax Act, 2017 (12 of 2017.....

Tags : Return, Time limit, Extension

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News

No Input Tax Credit if GST Returns Not Filed: Telangana HC(23.04.2019)

Telangana High Court has ruled that no input tax credit (ITC) is available unless GST returns are filed and a taxpayer is liable to pay penalty on the.....

Tags : Telangana High Court, Input Tax Credit, GST Return

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Rajasthan HC Inquires from Government About Provision for Return of Migrants(14.05.2020)

Rajasthan High Court has inquired from the State Government about the provisions for the return of over 19 Lakhs migrant workers presently stranded in.....

Tags : Rajasthan High Court, Return of Migrants

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Patna HC Seeks Govt Response on Condition of Quarantine Centres for Returning Migrants(14.05.2020)

Patna High Court has called from the State Government the district-wise data as to the condition of the quarantine centres in Bihar for the migrants r.....

Tags : Patna High Court, Quarantine Centres for Returning Migrants

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Telangana High Court: Summoning Income Tax Returns Does Not Violate Right to Privacy(18.02.2020)

Telangana High Court has held that a direction to produce income tax returns in Court will not violate the right to privacy under Article 21 of the Co.....

Tags : Telangana High Court, Summoning Income Tax Returns

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ITAT, Mumbai: Penalty Cannot be Levied for Genuine Omissions in Income Tax Returns(19.02.2020)

Income Tax Appellate Tribunal (ITAT), Mumbai has held that genuine omissions must be excluded from the levy of penalty under Section 271 (1) (a) of th.....

Tags : Income Tax Appellate Tribunal, Genuine Omissions in Income Tax Returns

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Finance Minister Extends Deadline for Filing of Income Tax Returns for FY 2018-19(24.03.2020)

Finance Minister, Nirmala Sitharaman has announced that the date for filing income tax returns for the financial year 2018-19 has been extended till 3.....

Tags : Finance Minister, Extension of Deadline for Filing of Returns

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Calcutta HC Directs Police to Return Mobile Phone/SIM Card Seized From Doctor(02.04.2020)

Calcutta High Court has directed the Police to return mobile phone and SIM card seized from a doctor who criticized the Government in Social Media for.....

Tags : Calcutta High Court, Return Mobile Phone/SIM Card Seized From Doctor

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CBDT Extends Deadline for Filing of Income Tax Returns for J&K and Ladakh(26.12.2019)

Central Board of Direct Taxes has again extended the deadline for filing of all kinds of income tax returns to January 31, 2020, in the newly-created .....

Tags : CBDT, Income Tax Returns

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Central Board of Direct Taxes Notifies Changes in Income Tax Return Forms(06.01.2020)

Central Board of Direct Taxes has notified changes in Income Tax Returns Forms whereby individual taxpayers owning house property in joint ownership a.....

Tags : Central Board of Direct Taxes, Income Tax Return Forms

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Kerala High Court: Vehicle Cannot be Detained for Non-Filing of GST Returns(06.01.2020)

Kerala High Court has held that for non filing of Goods and Services Tax returns under Forms GSTR-3B and GSTR-1 cannot be a reason for detaining vehic.....

Tags : Kerala High Court, GST Returns

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KHC: Input Tax Credit Claims Not Shown in VAT Return Cannot be Availed Through Filing Form 240(13.01.2020)

Karnataka High Court (KHC) has held that the Input Tax Credit Claim which has not been shown in the Value Added Tax Return cannot be availed merely th.....

Tags : KHC, VAT Return

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CBDT Relaxes Eligibility Conditions for Filing of IT Return Form-1 and 4 for Assessment Year 2020-21(13.01.2020)

Central Board of Direct Taxes has granted relaxation to eligibility conditions for filing of Income Tax Return Form-1 (Sahaj) and Form-4 (Sugam) for t.....

Tags : CBDT, IT Return

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Income Tax Return Deadline for Financial Year 2018-19 Extended to August 31(24.07.2019)

Ministry of Finance has extended the deadline for filing income tax return for Financial Year 018-19 by individuals to August 31, 2019 from July 31, 2.....

Tags : Income Tax Return, Deadline

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Government Notifies E-Assessment Scheme 2019 for Faceless Scrutiny of Income Tax Return(16.09.2019)

Central Government has notified that the E-assessment Scheme, 2019 that aims to completely eliminate the interactions between the tax authorities and .....

Tags : E-Assessment Scheme 2019, Income Tax Return

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Rajasthan HC Refuses Return of 10 Year Old Boy to Canada Despite Canadian Court's Orders(06.02.2019)

Rajasthan High Court has refused to allow return of a 10-year-old boy to Canada, despite an order passed by a Canadian Court directing his return to c.....

Tags : Rajasthan High Court, Return of 10 Years Old Boy to Canada

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AAR: GST Applicable on Goods Sent for Job Work but Not Returned Being Consumed in Process(02.04.2019)

Authority for Advance Ruling (AAR), West Bengal has held that the goods sent for job work but not returned being consumed in the process is supply and.....

Tags : AAR, GST, Goods Sent for Job Work but Not Returned

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CBDT Notifies Income Tax Return Forms for AY 2019-20(05.04.2019)

Central Board of Direct Taxes (CBDT) has notified the income tax return forms for the Assessment Year 2019-20.

Tags : CBDT, Income Tax Return Forms, AY 2019-2020

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CBDT Extends Due Date for Filing Income Tax Returns and Audit Reports to Oct 31st(09.10.2018)

Central Board of Direct Taxes (CBDT) has further extended due date for filing Income Tax Returns and Audit Reports to October 31st.

Tags : CBDT, Income Tax Returns

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Delhi HC Directive: Now, I-T Returns Can be Filed Online Without Aadhaar Number(25.07.2018)

People without Aadhaar number can now file their income tax returns online, after the Delhi High Court asked the Central Board of Direct Taxes to acce.....

Tags : Delhi HC, Aadhar, I-T Returns

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Madras High Court: Aadhaar Mandatory for Filing IT Returns(09.11.2017)

Madras HC while rejecting the plea for exemption from quoting Aadhaar number while filing income tax returns has held that the provisions of Section 1.....

Tags : Madras HC, Income Tax Act, aadhaar number, Income Tax Returns

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CBEC: Service Tax Return for April to June 2017 Must Be Filed before 15th August 2017(10.07.2017)

Central Board of Excise and Customs (CBEC) has mandated all service providers who are assesses under the Finance Act, 1994 to submit returns for the p.....

Tags : Service Tax Return

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#Income Tax: Returns Can Now Be Filed Till August 5, Deadline Extended(31.07.2017)

The last date for filing of Income Tax Returns (ITRs) for the financial year 2016-17 has been extended to August 5.

Tags : income tax returns

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Income Tax Dept Notifies New Return Forms for 2016-17 for Wealthy Individuals(01.04.2016)

Income Tax Dept has notified new tax return forms for 2016-17, which require wealthy individuals to mandatorily disclose details about assets like lan.....

Tags : Income Tax Dept , Wealthy Individuals, New Return Forms

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CIC Directs IT Department to Probe into Leak of IT Returns to Third Parties(17.04.2017)

Central Information Commission (CIC) has directed Income Tax Department to investigate into an incident of IT returns of an RTI applicant being releas.....

Tags : Central Information Commission, IT Returns

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CIC: Disclosure of IT Return Information Under RTI Invades Privacy of Assessee(19.04.2017)

Central Information Commission (CIC) has upheld an order rejecting an RTI application seeking details of income tax returns of a person on ground that.....

Tags : Central Information Commission, IT Return

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Supreme Court: Making Aadhaar Mandatory For filing I-T Returns Illegal(21.04.2017)

Supreme Court has asked Attorney General (AG) Mukul Rohatgi to justify making Aadhaar mandatory for filing Income Tax returns as it is a complete viol.....

Tags : Supreme Court, I-T Returns, Aadhaar

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Statute

Gujarat Control of Terrorism and Organised Crime Bill, 2015(01.02.2016)

Gujarat’s Control of Terrorism and Organised Crime Bill, 2015, passed by the State’s legislative assembly has been returned, for the third time, by a .....

Tags : Gujarat, terrorist, organized crime, bill, returned

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