New income tax return form for ay 201516 itr3, itr4, itr5, itr6 and itr7 has been notified by cbdt vide notification no. Select the view returns forms option to see efiled tax returns. Income tax department has extend the due date for filing income tax return and tax audit report all over india from 30. A notable change brought about during budget 2016 is the reduction of time period for filing of belated income tax returns. The tax return form for tax year 2018 to 2019 has been updated. For years prior to fy 201516ay 201617, youll have to file a paper. Income tax return filing forms for ay 201617 fy 201516. It is mandatory for individuals who earn a certain amount of money to file itr. Which income tax return filing forms for ay 201617 is to use. Shortly income tax return filing will commence for ay 201516, returns will be filed for income earned in the financial year that. Filing of income tax return for ay 201516 new initiatives.
The income tax department never asks for your pin numbers, passwords or similar access information for credit cards, banks or other financial accounts through email the income tax department appeals to taxpayers not to respond to such emails and not to share information relating to their credit card, bank and other financial accounts. The last date to file returns for the financial year 20142015 is july 31st 2015. Aug 24, 2015 now a days all tax consultants,business men,specially persons who have earned salary income,are in rush to file their income tax return for financial year 201415 by due date i. If the applicable form is itr1 you can complete the process on the portal itself, submitting the details online by using the quick e file itr link. But d o not wait till the last week of august to file your ay 2015 16 income tax return. With the new income tax return forms being recently notified for assessment year 2015 16, filers can do an easy check of their annual tax liability on a new computerbased calculator. Last date for it return filing for ay201516 income tax forum. Jul 01, 2015 that tax liability is met using challan 280 and then tax credit is availed for that paid taxes in schedule it as self assessment tax in exempt income, exempt income from salary head is declared. Sep 04, 2015 a clarification was issued vide letter of even number dated 27. Due date and last date for filing of incometax return. I tried to simplify and mentioned it in below image for your ease. Itr 1 form can be downloaded from income tax department website click here. Due date of filing income tax return for the ay 201516 has been extended by cbdt from 31st july 2015 to 31st august 2015. Which itr form to fill for tax returns for ay 201516.
Aadhaar number and passport number is now mandatory. It is mandatory to issue these certificates to tax payers. Jun 17, 2016 the last date of it return filing for fy 201415 relevant ay 2015 16 is as follows. How to file income tax return online ay 2015 16 youtube. Do you have to file income tax return for ay 201516. You should be very cautious while filing the return for the f. New itr forms for ay 201516 for income tax return filing. Under the download menu, click on income tax return forms and choose ay 2015 16 for financial year 201415. If you havent yet filed your incometax it return for the financial year 201617 which is for the income earned during the period april 1, 2016 up to march 31, 2017, the clock is. Jun 30, 2015 how to file income tax return online ay 2015 16 make knowledge free. These certificates provide details of tds tcs for various transactions between deductor and deductee. Jan 30, 2017 therefore in fy 201617, a taxpayer can file tax returns for fy 201415 and fy 2015 16. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. Income tax return forms for assessment year 201516.
Filing of income tax return for assessment year 201516 cakart. Dear sir, please provide itr filing utility through your software for individuals 24q yogesh j shah june 27th, 2015. Form 16 16a is the certificate of deduction of tax at source and issued on deduction of tax by the employer on behalf of the employees. Cbdt has notified income tax return itr forms for ay 2015 16. If you can not file the return within the due date, you can still file the belated return us 94 upto 31. How many previous years income tax return can be filed after due. Chartered accountants 25th august, 2015 shantinath hall, icai organised by. Due date to file income tax return assessment year 201516. After the financial year is over as on 31st march, the next job is to obtain form 16 or so from employers and others and file income tax return on or before due date i. Here a list of top 5 mistakes to avoid while filing itr for the f. Use online tax calculator to file income tax return for.
Hence any return which pertains to fy 2014 and before is timebarred and under no circumstances can be filed. It return preparation software other forms preparation software dsc management software xml schema. The government may extend the due date of filing the return of income due to certain situations. Open the income tax portal, and under the download menu on the right hand side you will find the list of itr for a. You can no longer e file a 2015 federal or state tax return anywhere.
Shortly income tax return filing will commence for ay 201516, returns will be filed for income earned in the financial year that started on 1st april 2014 and ended on 31st march. Cbdt clarification reg extension of due date of filing return. Aug 08, 2015 everything about income tax return for ay 201516. Form 16 is the most commonly heard form and if you are a salaried person, you should have received form 16 annually from your employer. Which itr income tax return form should i fill for ay 2015. Under the download menu, click on income tax return forms and choose ay 201516 for financial year 201415. Prepare and e file your 2019 taxes by april 15, 2020. It is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the income tax department. Download the income tax return itr form applicable to you. Download income tax return forms for assessment year 201516 itr 1 sahaj, itr 2, itr 3, itr 4s sugam, itr 4, itr 5, itr 6 or itr 7. The taxpayers have to correctly choose the relevant form and file the return.
Jun 21, 2016 if you have not redeemed your sip till april 2015 and salary is the only source of your income then you have to file itr1. However, rule 12 as notified on 1504 2015, has made it mandatory for every taxpayer to file return of income electronically so as to claim refund of tax. Due date of filing income tax return for the ay 2015 16 has been extended by cbdt from 31st july 2015 to 31st august 2015. Cbdt has notified income tax return itr forms for ay 201516. The details mentioned in this form are required for filing of income tax returns. The forms for different categories have been neatly classified in the new itr form. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. For individuals, hufs and firms other than llp being a resident having total income upto rs.
Itr2 for individuals and hufs not having income from business or profession. Mar 08, 2018 mistakes to avoid while filing belated income tax return for f. Electronic filing of income tax returns for ay 1516. Till assessment year 201415, individuals or hufs, who were otherwise not liable to file return of income electronically, could claim tax refund by filing return of income in physical form. How to download itr v acknowledgement from the income tax. Cbdt has notified new itr forms income tax return forms sahaj itr1, itr2 and sugam itr4s for ay 201516. Jul 30, 2015 new income tax return form for ay 2015 16 itr3, itr4, itr5, itr6 and itr7 has been notified by cbdt vide notification no.
Downloads efiling home page, income tax department. Income tax filing return forms for 201516 download. Instructions on how to file a 2015 irs or state tax return are outlined below. Apr 17, 2015 penalty on late filing of income tax return ay 2015 16 and fy 201415 update. Free step by step guide for efiling income tax return itr.
In below chart, i explained it for your simplification. Statement of income paid or credited by venture capital company or venture capital fund to be furnished under section 115u of the income tax act, 1961. Income tax filing return forms for 201516 download forms india. Log on to efiling portal at if you are not registered with the efiling portal, use the register. Income tax return forms for assessment year 201516 guide. If the applicable form is itr1 you can complete the process on the portal itself, submitting the details online by using the quick efile itr link.
The income tax department has released the software for preparing the income tax return forms 1 sahaj, 2, 2a and 4s sugamfor ay 2015 16, the income tax d. In this article, we will help you understand your form 16 in detail, how to. Jul 28, 2015 the last date for filing income tax return for ay 2015 16 fy 201415 is august 31, 2015. For individuals being a resident other than not ordinarily resident having total income upto rs. However in case you are carrying on a business and your accounts are required to be audited, the due date gets extended till september 30, 2015. Ca pardeep kumar income tax return forms assessment year 201516 notification no. Itr4s sugam presumptive business income tax return ay 2015 16. Shortly income tax return filing will commence for ay 2015 16, returns will be filed for income earned in the financial year that started on 1st april 2014 and ended on 31st march.
For filing income tax return for ay 201516 you need to choose the right itr form depending on the income source salarypension or businessprofessional income. Income tax return filing for ay 201617 fy 201516 can it. For a salaried person, form 16 is of utmost importance from income tax point of view. Just to add, even if you could not file return after the last date i. A tax return can only be filed online for fy 1516 ay 1617 and fy 1617ay 1718. Dec 19, 2018 the due date of filing the return for individuals and hufs who are not liable to tax audit is 31st july of the assessment year. Itr1 sahaj individual income tax return ay 2015 16. Filing of income tax return for assessment year 2015 16.
Income tax rates,forms, check list for return filing for asst. All tax payers who have not filed the return for fy 201819 then they should file. Statement of income distributed by a business trust to be furnished under section 115ua of the income tax act, 1961. The form and notes have been added for tax year 2019 to 2020. Itr4s sugam presumptive business income tax return ay 201516. Apr 09, 2018 the last date of filing income tax return ay 2015 2016 has been extended from 31 st july to 31 st august 2015. Jul 11, 2015 the extended last date for filing of income tax return for asst year 2015 16 is 31.
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