Marketing pdf 2015 tax return form ay 2015-16

Hmrc annual report and accounts 201516 executive summary. The taxpayers have to correctly choose the relevant form and file the return. Here i am assuming that there is no other source of income. The last date of efiling income tax return for ay 201920 is 31st august 2019, extended from the original deadline of 31st july 2019. Current income tax rates for fy 201920 ay 202021 sag. Jun 23, 2014 recent changes in income tax return forms for ay 20142015 1. Income tax forms for assessment year 2015 2016 is released by income tax department for assessment year 2015 2016, every person not being a co. 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. Income tax department has released new income tax return form vide notification 412015 dated 15042015 which may be downloaded from link given below.

So, to help you through the rest of the current financial year, weve put together the following guide to the key hmrc tax return and payment deadlines 201516. Particulars old forms for ay 201415 new forms for ay 201516 released in april 2015 new forms for ay 201516 released in june 2015 bank account details of only one bank account for refund was. Income tax return forms for assessment year 201516. Under the download menu, click on income tax return forms and choose ay 2015 16 for financial year 201415. This form is renumbered and replaced itr 4 applicable for f. Assessment year 201617 financial year 201516 every individual, hindu undivided family and company whose net wealth exceeds the maximum amount which is not chargeable to wealth tax in any previous year ending of 31st march is liable to file the wealth tax return. Filing of income tax return for ay 201516 new initiatives. Instructions for sahaj income tax return ay 201617 general instructions these instructions are guidelines for filling the particulars in this return form. Six things to know about the new income tax return forms. Order for extension of time for filing online return for the quarter ending 30062015 upto 15092015 under section 54a3 05. According to central budget 2015 16 tax is abolished w. Ca pardeep kumar income tax return forms assessment year 2015 16 notification no. Until ay 201516, only those taxpayers qualifying as resident and ordinarily resident ror in india needed to disclose details of such foreign assets.

Aug 08, 2015 for filing income tax return for ay 2015 16 you need to choose the right itr form depending on the income source salarypension or businessprofessional income. Tax return for individuals 2016 sensitive when completed page 5 your tax file number tfn tax offsets t1 seniors and pensioners includes selffunded retirees n code tax offset if you had a spouse during 201516. Computax group is a leading software group which has started the concept of computerized income tax returns in india. Guide to efile itr1 income tax return for ay 201920. Itr1 form is referred to an annexureless return form. Step by step guide to efile itr1 income tax return for ay 201920 ideal for first time tax payers. Tax return for individuals 2015 sensitive when completed page 3 i if you completed the tax return for individuals supplementary section 2015, write here the amount from total supplement. For individuals other than female taxpayers, senior taxpayers of 65 years and above, retarded taxpayers and gazetted warwounded freedom fighter, income tax is payable for the on first upto tk. Recent changes in income tax return forms for ay 20142015 1.

Chartered accountants 25th august, 2015 shantinath hall, icai organised by. Instructions for sahaj income tax return ay 201617. Minimum alternative tax mat for domestic companies for domestic companies rates of income tax for f. Income tax filing return forms for 201516 download forms india. The rate of wealth tax is only percent on excess wealth amounting to 30 lacs 30 lacs is exemption limit for the financial year 201415 and on wards. The rule 12 of the income tax rules was amended vide notification no. This timeline is not valid in case the return is not filed by the assessee. The provisions for filing of income tax depending upon the status of the assessee. Recent changes in rule 12, income tax return forms for ay.

Income tax rates for fy 201819 ay 201920 as per the rules and regulations of the income tax department, the filing of income tax return and sharing your income details with the. For individuals other than female taxpayers, senior taxpayers of 65 years and above, retarded taxpayers. Filing itr is not rocket science but it is not cake walk either. From fy 2015 16, transport allowance is exempted up to rs. The new itr forms 1, 2 and 4s were notified for the assessment year 2015 16 vide said notification. Itr4s sugam presumptive business income tax return ay 2015 16.

Tax return for individuals 2016 australian taxation office. Pan allotted to a person shall be deemed to be invalid, if he failed to intimate the aadhaar to the dept. As per rule 12 of income tax rules as amended vide. Which income tax return filing forms for ay 201617 is to use. Tax return for individuals 2015 sensitive when completed page 3 i if you completed the tax return for individuals supplementary section 2015, write here the amount from total supplement income or loss on page 15. Assessee, applicable return and mode of filing for ay 201516. Notification issued for bringing into force the rules pertaining to form gst pmt09 click here.

Six things to know about the new income tax return forms the good news now is that apart from doing away with some controversial provisions, the new forms itr 2 and itr 2a will have only three pages. Details of all bank accounts, even if closed during the year to be provided in schedule ba. Apr 17, 2015 income tax department has released new income tax return form vide notification 41 2015 dated 1504 2015 which may be downloaded from link given below. New forms will help the tax department to gather relevant information from the taxpayer. Home page of central board of indirect taxes and customs. Compuoffice is a complete solution that aims to automatize the working of a. It depends on how much time and effort you want to spend. Instructions for sahaj income tax return ay 201617 general. Jul 18, 2016 filing itr is not rocket science but it is not cake walk either. If a person has linked his aadhaar number with pan, he may also furnish his aadhaar number in place of pan in the income tax return. Assessment year for which this return form is applicable. Dear readers there are few differences in old and new forms,the details of which we inform you later in details step by step,in the meanwhile please check all the forms above and compare it with old forms and spot the differences and send us. Mandatory efiling of itr wealth tax returns with or.

The window for this is open till the end of the next financial year. Nov 07, 2019 income tax rates for fy 201819 ay 201920 as per the rules and regulations of the income tax department, the filing of income tax return and sharing your income details with the department is mandatory. Cbdt on 27 th july 2015 has extended the due date for filing retain of wealth by such assessees for assessment year 201516 from 31 st july 2015 to 31 st august 2015. Itr1 sahaj individual income tax return ay 2015 16. How to file an itr being a salaried individual quora. Tax returns, vat payment dates and deadlines 201516. Ca pardeep kumar income tax return forms assessment year 201516 notification no. For example, the income tax return filed for ay 201617, you can receive notice us 1421 on or before 31st march 2017. Income tax filing return forms for 201516 download forms. Assessee, applicable return and mode of filing for ay 201415. Tax return for individuals 2015 australian taxation office. Particulars old forms for ay 201415 new forms for ay 2015 16 released in april 2015 new forms for ay 2015 16 released in june 2015 bank account details of only one bank account for refund was required to be given. 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. Assessment year 201617 financial year 201516 every individual, hindu undivided family and company whose net.

Recent changes in income tax return forms for ay 20142015. For a salaried employee, form 16 from his employer is a must. Income tax return can be filed using aadhaar number, if person hasnt been allotted pan. Key changes in forms particulars old forms for ay 201415 new forms for ay 201516 released in april 2015 new forms for ay 201516 released in june 2015 bank account details of only one bank account for refund was required to be given. Vat, corporation tax, national insurance contributions and possibly even paye payments suddenly become part of your administrative workload. The rule 12 of the incometax rules was amended vide notification no. Return forms for assessment year 201516 income tax.

I tried to simplify and mentioned it in below image for your ease. Income tax return filing forms for ay 201617 fy 201516. The income tax department has made easier for taxpayers to file income tax return filing for salaried individuals. For individuals and hufs having income from a proprietary business or profession. For example, for the fy 2015 16, a taxpayer can file the revised return till end of next the financial year 20162017 i. If a person has linked his aadhaar number with pan, he may also furnish his aadhaar number in place of pan in. Cbdt notifies income tax return forms simplified for ay 201516 vide notification no. Jul 18, 2017 this itr has merged form itr 22a and 3 which were applicable for f. Download the income tax return itr form applicable to you. This year the income tax department had simplified the form filling process and for the. A salaried employee can file income tax return by using form 16 and adding other income. It return filing tax tips for accountants, nri, tax payers.

Cbdt notifies new incometax return forms for assessment. Cbdt has notified income tax return itr forms for ay 201516. The new itr forms 1, 2 and 4s were notified for the assessment year 201516 vide said notification. This year the income tax department had simplified the form filling process and for the assessment year 201718, there will be fewer. The first question falls in your mind is what is your tax slab for fy 201516. Itr2 for individuals and hufs not having income from business or profession. Incometax return can be filed using aadhaar number, if person hasnt been allotted pan. Applicable for financial year 201718 rate of deduction under section 52 140 rate of deduction under section 52a 141 16. In case of any doubt, please refer to relevant provisions of the income tax act, 1961 and the income tax rules, 1962. For example, for the fy 201516, a taxpayer can file the revised return till end of next the financial year. In below chart, i explained it for your simplification.

Permission for framing of assessment us 152 of hvat act, 2003 read with rule 27 of hvat rules in the case of ms d. Rate of deduction from the payment of certain services under section 52aa 142. The due date of filing of wealth tax return for ay 201516. This itr has merged form itr 22a and 3 which were applicable for f. Under the download menu, click on income tax return forms and choose ay 201516 for financial year 201415. Compuoffice is a complete solution that aims to automatize the working of a professional.