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The Income Tax filing date has been extended - attached notice. Thanks for taking up important causes like this and escalating to PM FM and thanks to them for acting. My husband still awaits his form 16. more
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This is not the first time that the last date for filing the income-tax return has been extended to 31st August. As I remember, once the date was extended even upto 30th September. However, the 4 months time upto 31st July should be sufficient for the purpose. The government should, instead, make issuance of Form 16 to all employees within 2 months from the date of closure of a financial year mendatory for all employers with provisions for punitive action against the defaulters. more
Aug 02
Sarita, you have informed that your husband is still awaiting his Form 16. Perhaps there are many more facing the same difficulty. Is it not mandatory for employers to issue form 16 to their employees by a certain date 15th July (say), so that the the employee gets atleast 15 days to file his returns. And if so, what action do the authorities take against the company / employers who do not issue the form 16 in time. Surely, extending the last date is not the permanent solution. more
Jul 24
PAN No. of unlisted co. Ever one welcome extension of ITR filing date but CBDT should also revisit it's decision to file ITR with unlisted shares' holding list showing PAN No. of concerned Co. whereas Company Master Data page of MCA do not contain this PAN detail then for we seniors it is a problem. Besides due to so many reasons we seniors don't know correct position of unlisted co. though we have shares either in physical mode OR in demat. Trust CBDT will provide relaxation on this understanding practical difficulty. more
Jul 24
A Friendly Hassel Free, Tax system need to come Rather than inducing Fear to the Unqualified people to pay Tax . Fix a Tax level Minimum compatible to current inflation, economic strength and earning and spending power of middle class such as 15 to 20 lakhs Income Keep away from Tax filing . Concentrate above and Surely Tax Returns will be vey high Clarity is established Creating Growth on middle class wealth eventually cross the minimum level which automatically pay tax in coming years . Any thing and every thing by Overnight in Tax system will fail rather encouragement to do Fraud /Manipulation . Elimination of several Bracket system avoid by setting minimum 15 to 20 lakhs ,Means Eliminating LOOP holes once for all , To be frank Already a fear in Society even to the people below poverty level .. Hope and Pray Ministry will address more
Jul 24
