Taxpayers who declared online can amend their declaration until December 31, in case of any errors of omissions If you made an error or omission on your 2018 income tax return, now is the time to correct it.With tax notices being delivered, taxpayers who declared online have until December 31 to file any changes, additions or corrections via their personal space on the tax website, where a corriger ma déclaration en ligne (correct my return online) option is available.It possible to amend almost all information declared online, though any changes to personal family situations must be dealt with via secure messaging service, and any changes of address must be made in the Gérer mon profi (Manage my profile) section.A receipt acknowledging the changes can be downloaded and printed - and claimants must be able to provide any supporting documents at a later date if so requested.Online corrections may result in a decrease or increase in the amount of tax due. Any overpayment … [Read more...] about How to correct your 2018 income tax return
2018 income tax return
The due date of filing your Income Tax Return for Financial Year 2017-18 or Assessment Year 2018-19 is 31st July 2018. Income tax return can be filed using the paper mode or via the e-filing mode. Assessees using the e-filing mode have the option to file their return with or without using a digital signature or using the Electronic Verification Code (EVC). As individuals, when you file your income tax return without using a digital signature, then you are required to send the signed copy of ITR-V to Bangalore. ITR-V is an acknowledgement of return filed electronically. However, as individuals, you can file your tax return using Electronic Verification Code to avoid verification of your return through a traditional route (sending ITR-V to Bangalore CPC). Here are 5 different ways to e-verify Income Tax Return: 1) Using Net Banking # You have to log in to the Net Banking Account # Then click on the “e-filling” link # After doing this, you will be redirected to the … [Read more...] about 5 different ways to e-verify Income Tax Return
NEW DELHI: The latest ITR-1 form, largely used by the salaried class of taxpayers, has been activated on the official e-filing portal of the Income Tax Department, a senior official said today. The single Income Tax Return (ITR) form, notified by the CBDT on April 5, has been put on its website, https://www.incometaxindiaefiling.gov.in, yesterday. "Other ITRs wil be available shortly," he said. The new ITR forms for the assessment year 2018-19 mandate the salaried class assessees to provide their salary breakup, and businessmen their GST number and turnover. The Central Board of Direct Taxes (CBDT), that frames policy for the tax department, had said some fields have been "rationalised" in the latest forms and that there is no change in the manner of filing the ITRs as compared to the last year. All the seven ITR forms are to be filed electronically except for some category of taxpayers. The most basic, ITR-1 or Sahaj, to be filled by the salaried class of taxpayers, … [Read more...] about Income Tax Return-1 ready for e-filing: I-T department
Tax payers can use Aadhaar based e-verification of their Income Tax Returns (ITR) for making ITR filing easier and quicker, informed UIDAI on it's official twitter handle. UIDAI (Unique Identification Authority Of India) is mandated to issue an easily verifiable 12 digit random number as Unique Identity - Aadhaar to all residents of India, as mentioned on the official website of UIDAI. 16.65 crore individuals have verified their PAN (Permanent Account Number) with Aadhaar. They can now also instantly e-verify their income tax return using Aadhaar OTP, the tweet further added. (Also read: Key Changes In New ITR Forms For Assessment Year 2018-19)Steps to e-verify Income Tax Returns (ITR) using UIDAI's Aadhaar:1. Log in to income tax e-filing website (incometaxindiaefiling.gov.in)2. Click on 'Aadhaar' link from left hand side menu (Also read: New Income Tax Return (ITR) Forms Seek Salary Breakup, GST Number. 10 Points)3. … [Read more...] about Income Tax Returns (ITR) Filing: Steps To E-Verify Using Aadhaar OTP
Have you been nudged with a pop-up message from the Income Tax department, asking if you have linked Aadhaar with PAN? You are most likely to get this message on the Income Tax filing website if your Aadhaar number hasn’t been linked with PAN yet. You can use the link given in the pop-up window to link your Aadhaar number with PAN. The Government of India has made it mandatory for PAN card holders to link the same with the unique identification number called Aadhaar. You can also do the following steps to link Aadhaar with PAN : -Login to the e-filling portal of the income-tax return efiling- www.incometaxindiafiling.gov.in -Enter your Aadhaar and PAN numbers (mentioned on Aadhaar card and PAN card). Enter the name as mentioned in the Aadhaar card and the captcha code. Then click on the “link Aadhaar” button. The name mentioned on the Aadhaar card should be the same as shown on the PAN card. In case of any error or discrepancy, like spelling mistakes, the … [Read more...] about Income Tax Return filing: How to link Aadhaar number with PAN card?
July 31 is the last day to file income tax returns for assessment year 2018-19. To avoid last minute rush, it is better to file your income tax return (ITR) well ahead of the July 31 deadline. In fact, the income tax authorities have made it easy for assessees to file the income tax return. The Income Tax Department has categorised taxpayers into different groups on the basis of their income and its source. So if your income is up to Rs 50 lakh from salary or pension, from one house property or other sources, you need to file Form no 1 Sahaj. Here's everything you need to know when filing income tax returns in Form 1 Sahaj: Who can file income tax returns via Form 1 Sahaj?ITR Form No 1 Sahaj. How to file Form No 1 Sahaj for income tax returns Who can file income tax returns in paper form? Income tax returns cannot be filed without a PAN (permanent account number) card. People who do not have a PAN card can avail an instant e-PAN card. The deadline to link Aadhaar card number … [Read more...] about All You Want To Know About Income Tax Return Form 1 Sahaj