ARTICLES ABOUT ITR BY DATE - PAGE 4

Rajendra Agarwal (R), 53 years, Pune Income: Rs 5 lakh a year. Includes profit from business, house rent, capital gains and interest. Form used: ITR 4 for self, ITR 2 for parents and HUF. Our assessment: A knowledgeable taxpayer who understands the various deductions and tax-saving strategies, Agarwal is using the online facility to the hilt. All four returns are mailed to the Centralised Processing Centre in one envelope by speed post Ashwani Jain is feeling as if a load has been lifted off his shoulders.

Please find below the testimonials on our tax filing tool of last year. "This was a breeze and fantastic. I hope all systems are made so easy and convenient so that everybody complies with their civic responsibilities. " - C. Ramachandran (GM, Biomedical Engineering), CARE Convergence Center, Hyderabad "I have used your tool and would like to say that it is finest online tool for preparing ITR for individuals...

It may be the beginning of the era of filing paperless returns - anytime and from any place. No longer is there a need to stand in long queues. Filing returns may become an easy and simple exercise. July 31 is the last date for filing income tax returns for individuals, Hindu Undivided Families, and other non-corporate assessees. Taxpayers have started preparing themselves for the yearly ritual of poring over their documents and making hurried calls to their chartered accountants . Though e-filing of returns is not compulsory for individual taxpayers, it has picked up in a big way because of the convenience it offers.

Never ask a man his wage and a woman her age is an adage often quoted but not one that your taxman upholds. Yet again, it's that time of the year when you are required to disclose the details of your income and file income-tax returns. To make this pocket-pinching process a non-taxing job, SundayET lists down six steps which you can follow to sail through. Do you need to pay tax? This year, the income-tax department has made revisions with regard to tax slabs and exemptions.

Never ask a man his wage and a woman her age is an adage often quoted but not one that your taxman upholds. Yet again, it's that time of the year when you are required to disclose the details of your income and file income-tax returns. To make this pocket-pinching process a non-taxing job, SundayET lists down six steps which you can follow to sail through. Do you need to pay tax? This year, the income-tax department has made revisions with regard to tax slabs and exemptions.

NEW DELHI: The Income Tax Department has extended the last date for filing of tax returns for Tax Deducted/ Collection at source for the second quarter of this fiscal to February 29. This is in view of the difficulties being faced by the tax deductors or collectors in filing statements with the correct PAN data mandatorily required to be furnished to the extent of at least 90 per cent in cases of salaried deductees and 70 per...

The finance ministry has recently extended the due date for filing the Return of Income for financial year 2006-2007 for certain taxpayers. So, to whom does this extension apply and what are the salient features and consequences of this extension? Every individual having income above the taxable limit needs to file his/her Indian Income-tax Return (ITR) for the financial year by the specified deadline e.g. an individual was required to file his/her ITR for financial year commencing on/after April 1, 2006 to March 31, 2007 (assessment year 2007-2008)

MUMBAI: The Indian Merchants Chamber (IMC) and Bombay Chartered Accountants Society (BCAS) has made an appeal to Finance Minister P Chidambaram to simplify the process of filing income tax returns by restoring the Saral forms. In a joint memorandum submitted to the Finance Minister, the associations said the Income Tax (Fourth Amendment) Rules 2007 belied the hopes of the tax paying community, as laymen could not comprehend them easily. The assesses to whom the new Income Return Forms applied were either salaried employees and pensioner or small businessmen, the memorandum said.

Usually on a weekend, when there is a new Harry Potter book due and the latest Harry Potter film is in theatres, the Khannas should be consumed by Pottermania. Not surprising, given that Mr and Mrs Khanna have two precocious kids, who are obsessed with the wunderkind of Hogwarts. Unfortunately for the kids, mom and dad are going to be spending much of this weekend labouring through eight ITRs (Income Tax Returns) as they try to file their income tax returns in time. The latest changes in the filing formats have convinced them that someone in the government has decided to cast the 'Confundus charm', a charm used to confuse objects and people, on unsuspecting taxpayers.