mandatory efiling of income tax return ay 2015-16 for whom
Income tax return filing and advisory services.30th September of the Assessment Year(AY). Company, Persons whose accounts are required to be audited, A workingFor companies or firms, it is mandatory to file income tax return, even if its income is below taxable limits or nil. A new income tax return form 2A is introduced for the class of assesses having income from more than one house property but does not have any capital gains, income from business/profession or foreign asset/foreign income.Unable to find ITR-1 for AY 2015-16 on income tax website. india, income tax india efiling, income tax india efiling.gov.in, last date, demo, status, incometaxindiaefiling, income tax return E-filing, it return status online, income tax department, clear your tax, online paymentThis threshold limit is applicable for the financial year 2015-16. digital signature efiling income tax return INCOME TAX RETURN 2015-16.9,income tax slab in dtc,1,income tax slabs,6,INCOME TAX SLABS AFTER BUDGET,3, income tax ules 9th amendment,1,INCOME WISE ITR FORMS,2,INCOME-TAX-RETURN-AY -17-18,18,INCOMETAX Mandatory e-filing of income tax returns. Following persons are required to file income tax return onlineAny person whose total income exceeds Rupees five lakhs has to file income tax return electronically with or without digital signature. Shortly income tax return filing will commence for AY 2015-16, returns will be filed for income earned in the financial year that started on 1st April 2014 and ended on 31st March 2015. For Resident Individuals. How to file income tax return when you have multiple Form 16?HOW TO FILE INCOME TAX RETURN ONLINE FOR SALARIED EMPLOYEES | AY 2016-17 [HINDI] - Duration: 11:27. Would like reply if we can efile itr for the ay 15 16 now If not then upto when expected - ITR. Manually file kat sakta hai na. return of income which shall be applicable for theWho can file ITR-1 (sahaj or who can not file itr-1 ) Due date to file Income Tax return Ay 2015-16 E filing Mandatory For The FBR has made it mandatory for all salary persons who have Rs400,000 annual income to e-file the income tax return for tax year 2015 and its last date is August 31, 2015.Economic Indicators. Daily Feb 16, 2018. All about Income Tax Returns (ITR) updated for Financial Year 2014-15 (Assessment Year 2015-16) and Frequently Asked Questions relating to filing of Online Income6. For whom e-filing of return is mandatory? Following taxpayers shall file their returns of income only through e-filing mode An electronic signature would be generated online in income tax efiling website after providing certain information from previous years income tax return.In case you fall into category where return was mandatory, then you should file belated return. There wont be any penalty for AY 2014-15, but for Income tax Return AY 2016-17. Q 1.
What are the modes of filing return of income?From Assessment year 2015-16 e filing is mandatory in most of the cases with or without digital signature and there are only few cases where return can be filed on paper form. Non-applicability of ITR - 2A. Return Form - ITR 2A cannot be used by an individual or a Hindu Undivided Family whose total income for the assessment year 2015-16 includesIn other words, in such a case, efiling with digital signature is mandatory. A resident assessee having any assets Note-We deactivated commenting option for this post. If you have any doubts, then either ask the same in the latest post Income Tax Return filing forms for AY 2016-17 (FY 2015-16)-Which form to use? or use BasuNivesh Forum. Recommended Read: Mandatory Disclosure of Assets in Income Tax Return.
Recommended Posts. Income Tax efiling Online in 6 Simple Steps for Free. Form 16 TDS Certificate How to verify Form 16 online? Last date for filing returns for AY 2015-16 has been extended to 31.08.2015, as per I Tax call centre.July 9, 2015 at 7:34 pm. Dear Sir, While filing online return Information pre-populated in ITR website under gross income and TDS are coming more than corresponding figures in Form 16. Below is the communication from Income Tax Department regarding new Income Tax Efiling Schema: " Release of Return Preparation Software: Software for preparing ITR 1 ITR 4S in Java, Excel Online for AY 2015-16 are now available for e-Filing. But e-filing income tax returns is important. You should e-file income tax returns for AY2016-17 (FY2015-16) before the deadline of 31 July 2016 for any of the following five reasons: Income above Rs 2.5 lakh. Reminder from income tax department for income tax return filing.The income tax department has sent out emails to taxpayers reminding them to e-file income tax returns for income earned in FY 2015-16 (assessment year AY 2016-17). File Income Tax Return Even If You Are Having Multiple Form16.Is it mandatory to file the Return Electronically? Ans.What are the due dates for filing of income-tax returns for the Financial Year 2015-16? Ans. Who needs to mandatorily file ITR? As per Income tax laws You need to file your income tax return if your gross taxable income (without any tax saving deduction) is more than the basic tax limitThe last date for filing income tax return for AY 2015-16 (FY 2014-15) is August 31, 2015. This Website contains information about Indian Income Tax Efiling Updates,Procedure and rules.However below are some major updates. Updates in the Income Tax Slabs for FY 2014-15 ( AY 2015-16). Citizens who do not file their income tax returns on the pretext that their income is below the tax bracket are in fact obliged by law to file their tax returns every year.Your employer has to mandatorily give you a Form 16 if tax has been deducted. Due date for filing service tax return and refund for fy 2014-15 ay 2015- 16. As per the Government of INDIA Central Board of Excise and customs it has been mentioned as that due date of filing the Service Tax return for the period Oct 2013 to March 2014 was 25th April, 2014. Wealth Tax Returns. Income Tax Forms.File Income Tax Return.Department Directory [AHB 2015]. Field Offices. Income Tax Return Utility Downloads for AY 2017-18.New Income Tax Return form ITR-3, ITR-4, ITR-5, ITR-6 and ITR-7 for A.Y. 2015-16. CBDT Clarification on nature of Share Buy Back Transactions. Income tax filing season will begin for the FY 2015-16. Filling income tax return is an important thing for any businessman or any individual.If you want to file income tax return for the year of 2015-16 then your income tax return FY is 2015-16 and AY is 2016-17. Income Tax for AY 2015-16: Tax slabs, ITR Forms. April 17, 2015 by bemoneyaware 40 Comments. The ITR for Financial Year 2014-15 or Assessment Year 2015-16 were notified by The Central Board of Direct Taxes (CBDT).Filing Income tax return for FY 2015-16. File Income Tax Returns online with taxring.com. taxring is fast, safe and very easy to use. Save money. taxring handles all cases of Income from Salary, Interest Income, Capital Gains, House Property, Business and Profession E-filing of Income tax return has been made mandatory for those who are claiming Income Tax Refund.Income Tax Department has updated its Technology significantly by introducing a lot of validations while efiling the Income Tax Returns. e.g. for Tax benefits under the Section 80G. Mandatory e-filing of return if income exceeds Rs.Those who are not covered by above can File there Return in any of the below mode:-(i) furnishing the return in a paper form (ii) furnishing the return electronically under digital signature (iii) transmitting the data in the return electronically and (C ) Who are required to mandatory e-file income tax return? Slowly, income tax is moving towards total e-filing of income tax returns.This Return Form CAN be used by an individual whose total income for the assessment year 2015-16 includes Ho is required to file return. ? section 139. Mandatory filing of itr.There is no further action needed, if ITR-V Form is submitted. e-File the Income Tax Return through anFor Very Senior Citizen category added and limit enhanced. Deduction A.Y. 2015-16. 15,000. Who is required to file income tax return?Do you want to know which ITR is applicable for you for the FY 2016-17 or AY 2015-16 . SAHAJ (ITR 1) It can be used by individual whose total income upto Rs.50 lakh and income includes From year 201516 onwards, any assesse FILING ITR 1/2/2A having a total income of more than 5 lacs.Is it true that disclosing the Aadhaar number is mandatory with effect from April 1, 2017, for filing an income tax return in India? Mandatory e-Filing of Income Tax Returns. Any individual/HUF may file his return electronically but e-filling of return is mandatory in the followings cases.Digital Signature (Optional). Know your ITR form for Financial Year 2014-15 A.Y. 2015-16. Individuals claiming refund should mandatorily e-file the return. Mandatory e-Filing with Digital Signature in the below mentioned cases.sir/madam please release the income tax form 2015-16 salaried person and individual. Incidentally, it is mandatory for residents with foreign assets to file returns, irrespective of their earnings.
Individual who qualify as ordinarily resident of India and have foreign asset or income are mandatorilyNovember 11, 2015 0. Do donations help to minimize an individuals tax liability? Income Tax Slabs Rates for FY 2015-16 (AY 2016-17). The below table gives you clear idea about Income tax slabs / rates for all Tax payer categories.The Central Board of Direct Taxes (CBDT) has notified the Income Tax Returns (ITR) for Financial year 2015-16 (Assessment Year 2016-17). NOTE: This guide is for Assessment Year (AY) 2015-16. For this years (AY 2016-17) tax return filing, please visit this link. For the purpose of this article, it is assumed that the reader has an account on the Income Tax e-filing website. For whom e-filing of Income Tax Return (ITR) is Mandatory. 9.Furthermore, since AY 15-16 will be the last year for filing Wealth tax return, the Government must issue some form of notification that paper returns can be accepted. Change In Filing of Income Tax Return For AY 2015-16.The most useful change of efiling in AY 2015-16 is the e-verification of income tax return.Answer: e-Filing income tax return is not mandatory for all till now. Income Tax Return Filing Online or e filing income tax.Income Tax E Filing Process / Procedure Online for ay 2015 16. In previous post we have given Common Mistakes in Income Tax Return (ITR) Form Filing. Advance Taxes of Income Tax for FY 2017-18 AY 2018-19. If the tax liability is more than Rs 10,000 in a financial year then advance tax needs to be paid by the assessee.Hello sir, In the case of Individual I T Return for AY 2015-16 e-filing status showing ITRV copy received after due date. All of us know that the last date of income tax filing has extended. Due to this extension the due date to file income tax return is now 5, August, 2016 for the assessment year 2015-16. Every individual who is making some income should file the income tax return whether he/she is coming in the tax bracket Under the Income-tax Law, different forms of return of income are prescribed for.In other words, in such a case, efiling with digital signature is mandatory. (4) A resident assessee having any assetswhose total income for the assessment year 2015-16 includes,- (a) Income from Capital Gains or. Is it mandatory to E-File my tax return? In the following cases the Income Tax Department has made it mandatory to e-file your Return .TaxCloud TaxCloudIndia TDS Union Budget 2015-16 User Reviews Wealth Creation. TDSMAN May 4, 2013 July 16, 2013 2 Comments on Mandatory e-filing of Income Tax Return if income exceeds Rs.Those who are not covered by above can File there Return in any of the below mode Income Tax Department has launched the Efiling Utility and schema of ITR 1 and ITR 4S. The schema for ITR 2 and 2A will be made available shortly. The dates for Non Audit case has already been increased from 31st July to 31st August.