File Tax Return After 31st July Without Any Implication !

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Filing of tax return by 31st July is rush time in this country.Income tax department also , every year make huge arrangements for accepting return from lakhs of indiviudals in last two to three days of the month of July as 31st is the last date or  the due date for filing of return by...

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eFiling of Return: Dos and Don’ts for ITR-V

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When you submit return online ( efiling ) without digital signature, you need to post the ITR-V  to CPC , Banglore as proof of filing the return without digital signature. There is time limit for sending the ITR-V and in case you do not send the ITR-V within time, the return filed even though online...

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CPC: Who Can File Sahaj & Who Can not !

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SAHAJ or ITR-1 is the easiest income tax form for tax payers in India. When one is trying to fill out the tax return for assessment year 2012-13 , one should keep in mind the advisory of CPC Bangalore about the guidelines on Sahaj return form which clarifies who can file this form and who can not.It...

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Business Return : Avoid 5 Common Mistakes !

CPC Banglore has identified five Common mistakes in filling out Business Profit schedule ( Schedule BP ) . Anyone who is filing income tax return for business should definitely pay attention to these common mistakes , so that the processing of the business return can take place smoothly and without any glitch. Here are List of Five Common Mistakes in BP...

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Salary Return: 2 Common Mistakes Identified by CPC

Every year lakhs of salaried person files return of income. This year ,although income tax department has introduced  easy form like Sahaj , yet many salaried persons will have to file return in other forms.So, taxpayers must give attention to two common errors identified by CPC Banglore in case of returns pertaining to Salary are...

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