No filing of IT Return if salary and interest income up to Rs 5 lakh

In India, as many as 85 lakh salaried tax payers whose taxable income, including salary and interest income, is up to Rs 5 lakh, are not required to file income-tax return from now onwards. “No income-tax returns is required for salaried persons whose annual annual taxable income including salary and interest is up to Rs [...]

Author: Austin Comments: 0 comments Date: 6 Jun 2011 More: Read more
Categories: Taxes Tags: , ,

Due Date Of Filing of Income Tax Returns Extended To 4th August 2010

The Central Board of Direct Taxes (CBDT) has decided to extend the due date of filing of income tax returns to 4th August 2010 for taxpayers for whom the due date ends today, which is 31st July 2010. All paper returns or e-returns filed on or before 4th August 2010 will be considered as filed [...]

Author: Austin Comments: 0 comments Date: 1 Aug 2010 More: Read more
Categories: Taxes Tags: