# ret
12 posts in `ret` tag

Income Tax Department Big Move: Extended Deadline for Filing Returns - APNOKACA Update
In a significant development, the Income Tax Department has announced a crucial update by extending the deadline for filing Income Tax Returns.

Exploring Options: Filing IT Returns After the December 31 Deadline at APNOKACA
Taxpayers have several opportunities to complete their Income Tax Returns. The deadline for filing Income Tax Returns (ITR) for the financial year 2022-23 was December 31.

2024 Tax Regime Transition Guide: Navigating New vs Traditional Income Tax Returns | APNOKACA
In the 2023 Budget, FM Nirmala Sitharaman introduced several changes in the New Tax Regime.

Filing Income Tax Returns Identifying Errors AIS
This statement is crucial for the tax department to validate the accuracy of the taxpayer's Income Tax Returns (ITR).

Upcoming GST Return Rectification Option
An official noted that enabling the revision of GST returns could streamline the filing process and contribute to a reduction in legal disputes.

December 31 ITR Filing Process Penalties
Belated returns are filed under Section 139(4) of the Income-tax Act, 1961, while revised returns can be submitted under Section 139(5) of the Income Tax Act. The process for both is the same as filing an original ITR.

Revised GST Returns From April 2025
To implement this, the GSTN (GST Network) plans to assign the task to the next technology vendor for the GST portal, as the current service provider, Infosys, has a contract that expires on September 30, 2024.

Income Tax Return Update Specify Source of Cash
If you do not explicitly decline the option under section 115BAC (6) to opt out of the new tax regime in your ITR form, the new tax regime's rates and conditions will be applied.

Income Tax Department Announcement ITR Form FY 2023-24 AY-2024-25
These changes will come into effect from April 1st, 2024. The notification also highlights the importance of checking Form 26AS before filing income tax returns. For complete details, please refer to the notification.

GST Return Filers Growth 11.28 Million 5 Years
According to information provided by the ministry, 90% of eligible taxpayers now complete the filing of GSTR-3B returns by the end of the respective filing month in the current fiscal year.

Income Tax Returns FY-2022-2023 Deadline December 31-2023
The end of the year is so close and it’s better not to wait anymore, act now! Filing your income tax return (ITR) for the financial year 2022-2023 is crucial.

Income Tax Refund Relief Filers ITR News
Positive Update For Those Awaiting Income Tax Refunds: Individuals who haven't received their tax refunds for FYs 2017-18, 2018-19, and 2019-20 will now be able to receive them by January 31, 2024.