CBDT once again extends the Deadline for ITR filing

08 Oct 2018Posted By: Mudit Handa

CBDT once again extends the Deadline for ITR filing

The tumult of the ITR Filing deadline has intensified severely since past 2 and a half months or so, just as the Central Board of Direct Taxes (CBDT) had repeatedly postponed the due date for Income Tax Return filing for the individual tax assessees.

The last date for efiling of income tax returns was already lingered from July 31, 2018, to August 31, 2018.

Then, the Central Board of Direct Taxes (CBDT) has released a notification regarding the adjournment of the deadline for ITR Filing and Audit reports of all the entities that are liable for the Tax audit u/s 44AB, from September 30, 2018, to October 15, 2018.

Now, once again the Income Tax Department has deferred the last date of ITR Filing and Audit reports from October 15, 2018, to October 31, 2018.

CBDT has tweeted in this regard-

Amid discussion with the various tax assessees, the Central Board of Direct Taxes (CBDT) had prolonged the ‘deadline’ for the filing of Income Tax Returns as well as that of filing Tax Audit reports, which were heretofore needed to be filed by 15th October 2018, till 31st October 2018.

In case you further assistance regarding Income Tax Return filing, feel free to contact us at 8881-069-069.

Download E-Startup Mobile App and Never miss the latest updates relating to your business.

Give a Reply

01 Jan 1970Posted By: E-StartupIndia

How to link Aadhaar card to Pan | Aadhar - Pan Linking

How to Link Aadhaar card to PAN Link your Aadhaar Card with PAN immediately otherwise PAN card become invalid and hinder your day to day use of PAN. Step 1 Visit Income Tax Website. Click here to visit or use below link https://incometaxindiaefiling.gov.in/ Step 2 Just click on the link "Link Aadhaar" located on the left pane of income tax

01 Jan 1970Posted By: E-StartupIndia

2016 Demonetization in India | BAN of ₹500 & ₹1000 Currency Notes

Frequently Asked Questions on BAN of â‚¹500 & â‚¹1000 denomination currency note Frequently Asked Questions (FAQs) on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes 1. Why is this scheme? The incidence of fake Indian currency notes in higher denomination has increased. For ordinary persons, the fake notes look s

01 Jan 1970Posted By: E-StartupIndia

Why TAN is Required to every business?

What Is a TAN? TAN is an alphanumeric ten digit number allotted by Income Tax Department. It is to be taken by all businesses, whether it is a small proprietorship or big billion company. It is compulsory for every business which needs to deposit tax at source. Every business is required to deduct the TDS of their vendor while making payment if the amount exceeds threshold li

01 Jan 1970Posted By: E-StartupIndia

Union budget 2018: Government plays it well by harmonizing populism with fiscal prudence

With a view to do justice to the prospects of the farmers and working population of India, alongside the prime target of fiscal consolidation, the government has sought to give a head start to economic growth by presenting its fifth and debatably toughest Budget that can be indeed branded as ‘growth-oriented’ and ‘pro-poor’. Addressing all the key issues of Ind

01 Jan 1970Posted By: E-StartupIndia

Potential startups in India to get further impetus from extended relaxation in fiscal norms

The government has indeed laid stress on the socialistic governance right from its first Union Budget. In its long trail of incentives given to the masses, the government has added a string of relaxation in norms for the startups and budding entrepreneurs in its 5th Union Budget. At first glance of this year’s budget, one can easily discern the socialist and humanitaria

01 Jan 1970Posted By: E-StartupIndia

RBI gives fillip to the GST registrant MSMEs with the notable fiscal reforms

Indubitably, the MSMEs are today the precursors of economic development in the rapidly progressive globalized India. Very notably, the Micro, Small and Medium Enterprises account for 99% of corporate tax assessees in India. Discerning their imperative role in the proliferation of country’s economic growth and GDP as well as in its fiscal consolidation, the government has already initia

01 Jan 1970Posted By: E-StartupIndia

Due Date of TDS payment for FY 2017-18 last quarter has approached

Tax compliance is one of the most integral and inescapable requirements in every business. As a matter of fact, tax obligation is the foremost liability for every business entity. This is the reason why most companies stick to the deadlines related to payment of income tax and other taxes and deduction of tax at source, called as TDS. In this regard, it’s worth knowing that the due date

01 Jan 1970Posted By: E-StartupIndia

Is Penalty on Late Filing of Income Tax Return Compulsory?

It is beyond any doubt that the nation is a vast family that needs funds to be run smoothly and in an unhindered way. Everyone who conducts any sort of economic activity in India; be it a business, a job or a profession; and earns or gets a certain income out of it, above the threshold limit is subject to payment of the income tax. All individuals whose income pertaining to previous year ex

01 Jan 1970Posted By: E-StartupIndia

Tax authorities further extend the Due date of PAN card with Aadhaar for ITR filing

Unquestionably, an Aadhaar identification number acts as a medium to avail a wide range of social security benefits and other avenues. Besides, many of the financial perquisites can be availed by an average citizen only if his 12 digit Aadhaar Unique Identification Number (UIN) is linked with his bank account and his PAN card. One of the most widely known purposes of interlinking of the PAN with A

01 Jan 1970Posted By: E-StartupIndia

What are the provisions for residential status as per the income tax laws?

“To be, or not to be, that is the question.” This was the tragic dilemma in Shakespeare's Hamlet. Perhaps, this Catch-22 often takes its toll of many budding aspirants who wish to try their fortune abroad. One of the fundamental aspect that all of them keenly inquire about is the criteria for residency in India with regard to the payment of income tax. As per th

01 Jan 1970Posted By: E-StartupIndia

CBDT Extends the due date for ITR Filing till 31 August 2018

Amid the hustle and bustle of the ITR Filing last date rush, a sudden moment of extreme relaxation has arisen among the taxpayers. The Central Board of Direct Taxes (CBDT) has postponed the deadline for Income Tax Returns filing from July 31, 2018, to August 31, 2018, for certain special categories of tax assessees. The Ministry of Finance has recently tweeted in this res

01 Jan 1970Posted By: E-StartupIndia

CBDT Extends the due date for ITR Filing for Kerala flood Victims

In the hustle and bustle of the ITR Filing last date rush about a month ago, a sudden moment of relaxation had arisen among the taxpayers when the Central Board of Direct Taxes (CBDT) had delayed the deadline for Income Tax Returns filing from July 31, 2018, to August 31, 2018. Once again, CBDT has deferred the deadline for ITR Filing from August 31, 2018, to 15 S

01 Jan 1970Posted By: E-StartupIndia

Due Date for ITR filing extended once again

The great turmoil of the ITR Filing due date has reached its zenith since past two months, just as the Central Board of Direct Taxes (CBDT) had repeatedly deferred the deadline for Income Tax Return filing for individual taxpayers. The due date for efiling of income tax returns was delayed from July 31, 2018, to August 31, 2018. Now, the Central Board of Direct Taxes (CBD

01 Jan 1970Posted By: E-StartupIndia

Who is required to have Tax Audit as per Income Tax Act, 1961?

As a evident truth, every individual who is engaged in some or the other form of economic activity in India; a business, a profession or a job; and generates a certain income from it, exceeding the threshold limit or the slab rate is subject to payment of the income tax to the government and filing of income tax return. As per the section 139(1) of Income Tax Act, 1961 all taxpayers

01 Jan 1970Posted By: E-StartupIndia

CBDT once again extends the Deadline for ITR filing

The tumult of the ITR Filing deadline has intensified severely since past 2 and a half months or so, just as the Central Board of Direct Taxes (CBDT) had repeatedly postponed the due date for Income Tax Return filing for the individual tax assessees. The last date for efiling of income tax returns was already lingered from July 31, 2018, to August 31, 2018. Then, the

01 Jan 1970Posted By: E-StartupIndia

What are the Key Highlights of Union Budget 2019?

With the resolute spirit of Jai Jawan, Jai Kisan, Jai Garib Insaan, the Honourable Finance Minister of India Sh. Piyush Goyal presented the 6th and the final Interim Budget 2019 today in the parliament. The budget was largely ‘tax-friendly’ and ‘pro-poor’ in many respects, as it addressed to mainly the working class population of India. Emphasizing on fiscal consolidation,

01 Jan 1970Posted By: E-StartupIndia

How is There No Income Tax on Income up to ₹5 Lakhs?

Recently, Finance Minister Sh. Piyush Goyal had presented the 6th and the Interim Budget in Lok Sabha on the 1st February 2019. The budget had a large number of positive measures for all sections of the economy, including MSMEs, startups and corporate sector. For instance, MSMEs with GST registration shall get 2% interest subsidy on loan up to ₹1 crore. However, the most fascin

01 Jan 1970Posted By: E-StartupIndia

Supreme Court makes Aadhaar-PAN Linking mandatory for ITR Filing

Central Board of Direct Taxes (CBDT) had announced last year that the deadline for linkage of PAN card with Aadhaar UIN, for the purpose of income tax return filing is extended till 31st March 2019. In this regard, the Supreme Court has confirmed on 6th February 2019 that the linkage of PAN with the Aadhaar UIN is now mandatory for the purpose of ITR filing. The apex court has supported the Sec

01 Jan 1970Posted By: E-StartupIndia

Government of India now Broadens the Definition of Startups

The government of India so far has taken several steps to promote and support startups in India. It has not only announced a large number of benefits for the startups & MSMEs but has also opened multiple avenues for providing financial support. In this regard, the government of India has recently extended further relief to the Indian startups by widening the definition of startups. Wide

01 Jan 1970Posted By: E-StartupIndia

New ITR Forms notified for AY 2019-20

Recently, the 6th and the Interim Budget was presented by the government on the 1st February 2019. There were numerous positive measures in the budget for all the sections of the economy. Most importantly, the government had increased the rebate on income tax on income up to ₹5 lacs. The Central Board of Direct Taxes (CBDT) has recently notified new Income Tax Return filing forms for t

01 Jan 1970Posted By: E-StartupIndia

Due date for Salary TDS Return Form 24Q Extended

Evidently, tax compliance is perhaps the fundamental aspect of every business. It is advised that companies must adhere to the deadlines in respect of payment of income tax and tax deduction at source, i.e. TDS, as well as ITR filing and TDS Return Filing. There are 4 main types of TDS return to be filed:- Form 24Q Form 26Q Form 26QB Form 27Q Form 24Q is the basic type of TDS r

01 Jan 1970Posted By: E-StartupIndia

6 Super-Easy steps to pay the Income Tax Online

There’s no doubt that the entire process of payment of the income tax as well as filing of income tax returns has been digitalized and has become convenient than ever. However, there are still many taxpayers in India who are technically unaware of the process of paying income tax online. For them, here’s the complete step-by-step process of paying income tax online. &nb

01 Jan 1970Posted By: E-StartupIndia

5 Key Issues to be focussed in Union Budget 2019

With the determined aim to Reform, Perform & Transform India, the Union Budget 2019 is being presented today in the parliament. This is the maiden budget for the Modi 2.0 Government and is being presented by the first woman Finance Minister of India Smt. Nirmala Sitharaman. The Budget session will be discussing on various developmental issues for various sections of economy such as Agric

01 Jan 1970Posted By: E-StartupIndia

What are the High tides of Union Budget 2019

The Union Budget 2019 was presented on 5th July 2019 in the parliament by the honorable Finance Minister of India Smt. Nirmala Sitharaman. The Budget Session had begun with the optimistic mantra of Reform, Perform & Transform India. This has surely given a ray of hope to 135 million Indians who were keyed up about the maiden budget of the Modi 2.0 Government, which has been pr

01 Jan 1970Posted By: E-StartupIndia

7 Important Changes made in GST after Union Budget 2019

The Union Budget 2019 was presented on 5th July 2019 by the honorable Finance Minister of India Smt. Nirmala Sitharaman. The Government has introduced numerous reforms in the Budget 2019 for the taxpayers that will surely boost the ease of doing business. Very importantly, the government has brought several new provisions in Goods and Services Tax in Union Budget 2019. These will definitely pro

01 Jan 1970Posted By: E-StartupIndia

5 Reasons Why ITR filing Due Date Extended Soon

Recently, the Central Board of Direct Taxes (CBDT) had introduced the new Income Tax Return filing forms for Financial Year 2018-19 [AY 2019-20]. These new ITR filing forms were notified on 1st April 2019. As we all know that the Due Date for ITR filing is July 31 for individuals, firm, and LLP. However, there are chances that the ITR filing Due Date is likely to be extended this year as

01 Jan 1970Posted By: E-StartupIndia

Income Tax Return filing Due date Extended

The Due date for Income Tax Return filing has been extended now. The Central Board of Direct Taxes (CBDT) has notified that the Due date Income Tax Return filing is now extended from 31st July to 31st August 2019. Refer to the 1. Why has ITR filing due date extended? The finance ministry has postponed the deadline for Income tax return filing f

01 Jan 1970Posted By: E-StartupIndia

7 Common FAQs on the New ITR Filing Forms

Everyone knows that the government has recently revised Income-tax return (ITR) forms for Assessment Year 2019-20. The new ITR filing forms were notified on 1st April 2019, as per the Finance Act, 2019. Along with that, the Central Board of Direct Taxes (CBDT) has also released Excel and Java Utility for ITR filing support. However, many taxpayers have raised queries with respect to reporting o

01 Jan 1970Posted By: E-StartupIndia

7 Major Economic Reforms undertaken by Arun Jaitley

It is beyond any doubt that India has witnessed an irrevocable loss with the sad demise of our charismatic national leader and the former finance minister Lt. Sh. Arun Jaitley. Sh. Jaitley breathed his last on 24th August 2019 in Delhi. As a dynamic Minister of Finance & Corporate Affairs, Jaitley has been widely acclaimed throughout his political career. A veteran BJP MP, Arun Jaitle

01 Jan 1970Posted By: E-StartupIndia

Corporate Tax Rates Slashed for Domestic Companies

Undoubtedly, it’s the gala time for India Inc. as the government has recently announced the reduction in the Corporate Tax Rates for the Domestic Companies and the newly established companies in the manufacturing sector. The government has taken this step so as to draw in fresh investment in the Indian manufacturing sector and to boost the 'Make in India' drive. The substant

01 Jan 1970Posted By: E-StartupIndia

CBDT Extends ITR Filing Deadline in J&K and Ladakh

There is a sign of relief for the tax assessees residing in the state of Jammu & Kashmir. The due date for the Income Tax Return filing has now been extended for the taxpayers of J&K. The Central Board of Direct Taxes (CBDT) has recently notified that the Deadline for Income Tax Return filing and Tax Audit Report (TAR) in the case of tax assessees in

01 Jan 1970Posted By: E-StartupIndia

CBDT notifies New TDS Return Filing Forms 26QD & 16D

For every type of business entity, tax compliance is perhaps one of the most crucial aspects. It is always advised that the individuals and companies must properly fulfil all the provisions of the Income Tax Act 1961. It is important to adhere to due dates in respect of payment of income tax deducting tax at source (TDS), in addition to the ITR filing as wel

01 Jan 1970Posted By: E-StartupIndia

Due Date for Advance Tax Payment Extended

The Due date for the payment of Advance Tax of FY 2019-20 has been extended now. Government has now extended the date of Direct Tax payment with regard to the 3rd installment of the advance tax for the FY 2019-20 The Central Board of Direct Taxes (CBDT) has notified that the Due date for the payment of the advance tax has been now extended in th

01 Jan 1970Posted By: E-StartupIndia

Union Budget 2020: Direct Tax Proposals

The Union Budget 2020 was presented on 1st February 2020 in the parliament by the Honorable Finance Minister of India Smt. Nirmala Sitharaman. This is a very tax-friendly budget that has surely given sunshine to 135 million taxpayers who were expecting a reduction in the income tax slab. The government has proposed huge tax reliefs and brought a new Income tax slab, according to which income

01 Jan 1970Posted By: E-StartupIndia

Union Budget 2020: Changes in the GST Laws

The Union Budget 2020, which was presented on 1st February 2020 at the parliament, by the Honorable Finance Minister of India Smt. Nirmala Sitharaman was indeed tax-friendly in nature. It has been centered upon the objective to give a boost to the economy by reducing the tax burden on taxpayers and increasing their purchasing power. This will gradually raise consumption, which will then elevate th

01 Jan 1970Posted By: E-StartupIndia

Claiming Fake GST ITC now a Non-Bailable Offense!

The Union Budget 2020, was passed in the parliament on 1st February 2020 by the Honorable Finance Minister of India Smt. Nirmala Sitharaman. No doubt, it is a tax-friendly budget. At the Budget session, the government has introduced many important initiatives to rectify the GST framework. A number of measures were discussed to enhance the Goods & Service Tax Network (GSTN) and to strengthen

01 Jan 1970Posted By: E-StartupIndia

How much TDS to be Deducted on E-commerce Sellers’ Income?

The Union Budget 2020 was presented on the 1st of February 2020 in the parliament by the esteemed Finance Minister of India Smt. Nirmala Sitharaman. This year’s budget can be termed as a tax-friendly budget since it has given respite to millions of taxpayers with a massive reduction in the income tax slabs. The government has brought great tax reliefs and brought a new Income tax slab,

01 Jan 1970Posted By: E-StartupIndia

Banning of Unregulated Deposit Schemes Rules 2020 introduced

The government has taken numerous corrective measures to curb the malpractices and fraudulent activities in our country. With a view to putting an end to all the illicit depository schemes and other such Ponzi schemes, the Banning of Unregulated Deposit Schemes Act, 2019 (BUDS Act 2019) was passed by the Government of India on 31st July 2019. Know about BUDS Act 2019. The BUDS Ord

01 Jan 1970Posted By: E-StartupIndia

PAN-Aadhaar Card Linking Deadline Approached!

It is beyond any doubt that an Aadhaar identification number is a medium to apply for a number of social security benefits and other key developmental schemes. Apart from that, many financial benefits can be availed by any citizen only if his 12 digit Aadhaar Unique Identification Number (UIN) has been linked with his bank account as well as his PAN card. However, the most common reason for t

01 Jan 1970Posted By: E-StartupIndia

Key Highlights of 39th GST Council Meeting

The 39th GST Council meeting that was held on 14th March 2020 at Vigyan Bhawan, New Delhi was chaired by the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman. The meeting had taken place amid the economic recession caused due to the coronavirus outbreak. The COVID-19 has now become a global pandemic that has adversely impacted the world economy. At such situation, ther

01 Jan 1970Posted By: E-StartupIndia

All Business Compliance Due Dates Extended due to Coronavirus

We all know that today the world is suffering due to the outbreak of Novel Coronavirus aka COVID-19, which has now become a global pandemic. It has caused widespread economic disruption. In India, the government is compelled to impose a curfew in all 30 states till 31st March 2020, which has disrupted the normal course of business. Resultantly, businessmen are not able to fulfill their compliance

01 Jan 1970Posted By: E-StartupIndia

Government gives Relaxations in GST Return Filing due to Coronavirus

The outbreak of dreadful pandemic Novel Coronavirus aka COVID-19 has caused a widespread economic recession. The Indian government has imposed a lockdown throughout the country till 14th April 2020. Due to the disruption of the normal course of business, businessmen are unable to fulfill their legal compliances in the current time frame. In a bid to give some relaxation, the Honorable FM

01 Jan 1970Posted By: E-StartupIndia

RBI cuts Repo Rate & CRR to reduce COVID-19 Impact on Businesses

Today, the whole world is confronting the peril of Novel Coronavirus disease infection, also referred to as COVID-19. The scenario of COVID-19 infection in India has already reached a critical stage, due to which our government is forced to impose a complete lockdown throughout the country till April 14, so as to mitigate the danger of the COVID-19 infection. In a bid to provide relief to the I

01 Jan 1970Posted By: E-StartupIndia

Beware! No Extension of the Financial Year due to Coronavirus

There has been a great socio-economic disruption due to the outbreak of Novel Coronavirus aka COVID-19. It has now become a global pandemic. Noticing the intensity of the Coronavirus threat, the government has imposed lockdown until 14th April. Besides, the government has also extended the due date of all business compliances, such as GST return filing, ITR filing, and MCA related compliance. Amid

01 Jan 1970Posted By: E-StartupIndia

MCA Appeals to Corporate India for Contribution in PM CARES Fund

We all know that the Novel Coronavirus aka COVID-19 has affected over 110 nations of the world. Due to the number of casualties throughout the globe resulting from Coronavirus disease, a number of countries are now on complete deadlock. Moreover, the global pandemic has also caused a worldwide economic disruption, including in India, where the government is impelled to impose a lockdown in many di

01 Jan 1970Posted By: E-StartupIndia

Government to Release Income Tax Refunds up to ₹5 lakh immediately

In the wake of the outbreak of Novel Coronavirus disease aka COVID-19, the Income Tax Department has now decided to immediately release the Income Tax Refunds to the tune of ₹5 lakh right away to the taxpayers. Everyone knows that the world is facing the threat of Novel Coronavirus or COVID-19, which has now been declared a global pandemic. It has caused great economic disruption in India. Ou

01 Jan 1970Posted By: E-StartupIndia

RBI cuts Reverse Repo Rate to Reduce COVID-19 Impact on Businesses

As we all aware that the world is facing the threat of the Novel Coronavirus pandemic, better known as COVID-19. The impact of the COVID-19 infection has reached a decisive point, due to which the Indian government is impelled to enforce a complete lockdown all over the country till 3rd May 2020. This is to mitigate the danger of the COVID-19 infection. RBI had recently proposed to cut the Cash

01 Jan 1970Posted By: E-StartupIndia

Relief Measures by Indian Government during COVID-19 Lockdown

We all know that today the world is facing the Novel Coronavirus pandemic or COVID-19, which has caused a global economic depression. In India, the government has imposed lockdown till 3rd May 2020, which has disturbed the normal course of business. As a result, businessmen can’t fulfill their regular compliance. In order to give them relaxation, the government has introduced announ

01 Jan 1970Posted By: E-StartupIndia

Akshay Tritiya 2020— Jewelers opt Online Gold Sales due to COVID-19

Everyone is aware that the Novel Coronavirus disease or the COVID-19 has hit over 110 nations of the globe. Owing to the rising number of casualties resulting from the Coronavirus infection, the entire world is under complete lockdown. In India, the government has enforced a lockdown all over India till 3rd May 2020. The business has been shut down because of this lockdown. However, business

01 Jan 1970Posted By: E-StartupIndia

Major Relaxations in GST Return Filing Procedure during COVID-19

The world is entrapped in a major economic crisis due to the COVID-19 pandemic. Due to the serious impact of economic recession on the Indian businesses due to the COVID-19 pandemic, the Indian Government had declared some key relief measures in respect of GST return filing. The Central Board of Indirect Taxes and Customs (CBIC) has now extended the due date for filing GSTR-3B return fili

E-startupIndia Mobile App

GET E-STARTUP INDIA IN YOUR
POCKET!

Download our free Android App and get realtime update on your order status.
Easily connect with our professionals handling your order over chat & mobile.
Never miss business compliances due date with advance notifications.

Why Choose Us

e-startupindia member of GOOGLE

Serving business owners with an Average 4.8+ Google Rating.

e-startupindia certified #AxixBank

Trusted by Axis bank to cater its clients all licensing & compliance needs.

e-startupindia NG Alliance Partner

Providing lending solutions for business needs with NeoGrowth.

e-startupindia Google Partner

Providing business banking solutions in association with ICICI Bank.

e-startupindia member of CII

E-startupindia is a Proudly Member of Confederation of Indian Industry.The CII is a premier business association in India which works to create an environment.

E-Startup India is duly certified under GOI's Startup India scheme and is renowned for our tech-driven solutions for business & legal services requirements for MSMEs.

e-startupindia Google Partner

E-Startup India is a Google Partner, which implies we are rigorously involved in assisting SME businesses to market their presence in the digital world.

IN THE MEDIA

CONNECT WITH US

Customer Reviews

Our Popular Services

Company Formation

GST Registration

ISO Certification

Terms & Policy

Terms & Conditions

Confidentiality Policy

Connect With Us

Partner with us

Suggestion and Feedback

Our Offices

Copyright © 2017 ESTARTUP BUSINESS MANAGEMENT HUB PRIVATE LIMITED. All Rights Reserved