Tag: Income Tax

Filing of IT-Returns: Last date extended till August 5
News

Filing of IT-Returns: Last date extended till August 5

August 1, 2017

The last date for filing of Income Tax Returns (ITRs) for the financial year 2016-17 has been extended till Aug. 5. The original deadline was July 31. The Income Tax Department has already received over two crore returns filed electronically. The Department had earlier issued advertisements in leading national dailies in the last few days…

Income Tax on salaries
Feature Articles

Income Tax on salaries

March 25, 2017

The end of FY 2016-17 is fast approaching and the Income Tax (IT) on salaries shall be calculated accordingly before end of March 2017 and remitted before the due date. Any excess or shortfall in taxes deducted can be adjusted during the financial year 2016-17, that is before 31.3.2017. The Income Tax is deductible annually…

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