income tax returns

By Chirag Nangia * My wife is a homemaker, and I file her return under the basic exemption limit. Can I transfer a lump sum amount to her account on which I have paid tax already and then she makes the investment in her name such as…

Representational image only. | Photo Credit: Getty Images/iStockphoto The recently introduced provision for allowing taxpayers to update their tax returns has seen as many as five lakh re-filings with about ₹400 crore additional tax coming…

The last date to file the income tax return for the previous…

The number of income tax returns has increased in FY22 over the previous fiscal, Central…

Nearly 5.89 crore income tax returns for the 2020-21 fiscal (ended March 2021) have been filed on the new e-filing portal till December 31 deadline, the I-T department said on Saturday. Of this, more than 46.11 lakh ITRs were filed on the…

A record 7.38 crore ITRs were filed in the previous assessment year (AY2020-21 or fiscal year 2019-20). With the December 31 deadline for the filing of income tax returns (ITRs) for the last fiscal approaching, the number of daily ITR…

Over 4.67 crore Income Tax Returns have been filed including over 15.49 lakh ITRs filed on December 27 alone, the I-T department said on Tuesday. The…

This comprises over 2.41 crore ITR-1 and 1.09 crore ITR-4 getting filed for FY2020-21 (Assessment Year 2021-22) till December 25, 2021. Over 4.43 crore income tax returns (ITRs) for the 2020-21 fiscal have been filed, which includes over…

The finance ministry on Sunday said over three crore income tax returns have been filed for the financial year 2020-21 so far and advised taxpayers who are yet to file their return to do so at the earliest. The number of ITRs filed per day…

Concept by Hamsini Karthik and Muhabit ul haqSynopsisWhen an inherently complex digital project is disrupted by the pandemic, but the client won’t defer deadlines, it can only lead to a shambles, a product riddled with bugs, and a host of…