On January 3, it had debarred individual taxpayers owning house property in joint ownership and those who paid ₹1 lakh in electricity bills in a year or incurred ₹2 lakh expense on foreign travel from filing their annual income return using the simple return forms.

A total of 5.52 crore Income Tax Returns (ITRs) out of 5.87 crore have been checked by the Central Board of Directors (CBDT) for the Assessment Year (AY) 2018-19 (Financial Year 2017-18) under the individual category.

The Finance Ministry has extended the deadline to file an Income Tax return (ITR) for FY 2018-19 from July 31 to August 31, 2019.

The government has extended the last date to link Aadhaar Card and Pan Card by six months till September 30. However, it has been mandatory to link the cards in order to successfully file Income Tax returns.

In a relief for salaried tax payers, the government on Thursday extended the date for filing income tax returns by one month till August 31.

The Central Board of Direct Taxes (CBDT) expects to add nearly 1.3 crore new filers during the current financial year (2018-19). The tax filers would be mostly from Uttar Pradesh, report says.

The Central Board of Direct Taxes (CBDT) on Thursday announced that the new Income Tax Return (ITR) forms for the assessment year 2018-19 have been uploaded on the official website. Last date to fill it is July 31.

It is mandatory for residents of India to link their PAN Card with the Aadhaar Card from July 1. With over 9.3 crore Permanent Account Number cards already linked till date, the CBDT has extended the deadline to August 31.

All tax payers who have been allotted Permanent Account Number (PAN) should intimate their Aadhaar number to the income tax authorities for the purpose of linking both the numbers, the Central Board of Direct Taxes (CBDT) said on Saturday, a day after the Supreme Court upheld the law in this regard.