FM Jaitley to meet business chambers Friday on ITR forms

Last Updated: Thursday, April 23, 2015, 21:13

Finance Minister Arun Jaitley is likely to meet business chambers on Friday to get their views on new income tax returns form, after the government faced flak over it seeking details on bank accounts and foreign travel.

Arun Jaitley to meet tax officials again to keep ITR forms simple

Last Updated: Tuesday, April 21, 2015, 22:28

Facing criticism over the new ITR forms that seek details on bank accounts and foreign travel, Finance Minister Arun Jaitley will soon meet tax officials for the second time to make the filing of returns simpler for individual taxpayers.

Govt to review new income tax return forms, make them simple

Last Updated: Saturday, April 18, 2015, 18:51

Government on Saturday announced that new Income Tax Return (ITR) Forms that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered, a move that comes after criticism from tax experts and others.

New income tax return form to be reconsidered and simplified

Last Updated: Saturday, April 18, 2015, 18:13

The Finance Ministry on Saturday said the new income tax return (ITR) form will be reconsidered and simplified.

End of paper trail in e-filing of I-T returns; Aadhaar added

Last Updated: Friday, April 17, 2015, 20:33

In a major step aimed at easing taxpayer grievances, CBDT on Friday announced that assessees filing I-T returns online will no longer have to send the paper acknowledgement by post as a new Aadhaar-based electronic verification code has been launched to authenticate this document.

Taxpayers to disclose bank accounts, foreign travel to Income Tax department

Last Updated: Friday, April 17, 2015, 18:08

Taxpayers will have to disclose all bank accounts held by them in the country and instances of foreign travel to the Income Tax department while filing their returns for the assessment year 2015-16.

Government to introduce new ITR form by month-end

Last Updated: Friday, March 15, 2013, 20:08

Government will introduce new forms for filing of income tax returns for the assessment year 2013-14 by the end of this month, Minister of State for Finance S.S. Palanimanickam said on Friday.