Not filed ITR yet? Here's all you need to know

THE ECONOMIC TIMES Sat, Aug 18, 2018 | 11:54 AM IST Must-know changes in ITR filing process

Latest ITR forms ask for more income details: Here's how to get them This is the second time in a month the income tax department has updated these utilities. Earlier the department had revised the utilities on August 1. Changes in I-T returns' e-versions irk taxpayers With less than a month left to file the returns, frequent changes are proving to be irksome. 6 things you must know while e-filing ITR The e-filing website of the income tax department has undergone various changes. Here are the six changes you will see on the ITR filing website. How to fill the new details required in ITR-1 Unlike last year, this year's form requires taxpayers to provide break-up of their salary income like taxable allowances and income from house property. How to fill salary details in ITR1 Not all of the amount received as salary is fully taxable. A part of it will be fully exempt from tax and a part of it will be partially exempt. Messages luring people with fake promises of IT refunds prowling, alert issued The warning, that also acts as an advisory, comes at a time when the income tax returns filing season is on and CBDT has sometime back extended the deadline to do till August 31. Made a mistake while filing ITR? Here's how you can correct it Section 139(5) of the I-T Act states that after filing their return, if someone discovers any omission or wrong statement, he can furnish a revised return. ITR verification: Here are 6 ways to do it After filing your return if you have not verified it within 120 days, then it will not be considered as valid. Here are six ways you can verify your income tax return. How to check income tax return status During processing the department checks if there are any discrepancies between the income declared and the tax paid by you and the data available to them. Use this calculator to compute your tax liability Every year we are required to calculate the taxes to be paid by us on the total income earned during a financial year. Use this tool to calculate your income tax liability for the year.

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