In exercise of the powers conferred by section 295 of the income tax act, 1961 43 of 1961, the central board of direct taxes hereby makes the following rules further to amend the income tax rules, 1962, namely. Apr 17, 2015 penalty on late filing of income tax return ay 2015 16 and fy 201415 update. Income tax return forms itr 1, 2 and 4s simplified for convenience of the tax payers income tax forms ay 201516 itr1 sahaj ay 201516 pdf format. Income tax return forms for assessment year 201516 guide. How to file revised income tax return for ay 2015 16 had forgotten to show exempt portion of my salary income in original return. How to file income tax return for salary income itr 1 ay. The rule 12 of the income tax rules was amended vide notification no. Income tax slab rates for individualhuf for fy 201415. Download sahaj individual income tax return ay 201516 file in. The new itr forms 1, 2 and 4s were notified for the assessment year 201516 vide said notification.
Filing of income tax return for assessment year 2015 16. Please note income tax department has released income tax forms in pdf format only, these it forms can be used for filing manual income tax return. Jul 27, 20 this tutorial explains how to fill the income tax return form 1 for filing return. Income tax is imposed on the basis of ability to pay. Filing of income tax return for ay 201516 new initiatives. 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.
This is easy to use excel utility, in which you can prepare the itr 1 form for filing the hard copy with. Can i file belated income tax return financial year 201415 now ie. Though it may look scary at start, it is actually a sweetheart with functions built to only make your life easy. Income tax department under its reminder campaign, sent email to around 1. Excel based and java based online income tax forms will be released by end of june month. My query is why i should pay the penalty, since the law is made on 1st april 2017 onwords and not to prior to that. If the return has been prepared by a tax return preparer trp give further details.
Income tax return statistics assessment year 201516 version 1. Income tax forms for assessment year 20152016 is released by income tax department for assessment year 20152016, every person not being a co. This excel utility is prepared for preparation of income tax return itr 1 for the assessment year 2015 16. Download income tax calculator for fy 201516 ay 201617 income tax slab for fy 201415 ay 201516 the income tax slab has changed for general public and senior citizens. We will upload income tax forms for ay 20152016, as soon as, these forms are available. Due date of filing income tax return for the ay 2015. Due date to file income tax return assessment year 201516. Apr 14, 2017 just to add, even if you could not file return after the last date i.
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. The new itr forms 1, 2 and 4s were notified for the assessment year 2015 16 vide said notification. Chartered accountants 25th august, 2015 shantinath hall, icai organised by. Computation of income and tax return wholerupeel only. Jul 11, 2014 today i have gone to income tax department to file the return financial year 201415assessment year 2015 16, whereas the income tax officer has told me to pay penalty rs.
Penalty on late filing of income tax return ay 201516 and fy 201415 update. Income tax at a glance among direct taxes, income tax is the main source of revenue. Cbdt issued new circular on 15 april 2015 for changes in itr1 itr2 itr4s itrv for a. Steps to file your indian income tax return quickly with. Itr1 sahaj fillable with formulas in fillable pdf finotax. Schedule fa is substituted with several changes in each field which requires assessee to provide more details about foreign assets.
Itr 1 sahaj in excel for ay 201516 with auto fill function. Jun 08, 2014 income tax forms for assessment year 2014 2015 is released by income tax department. But d o not wait till the last week of august to file your ay 2015 16 income tax return. Downloads income tax returns income tax department. However in case you are carrying on a business and your accounts are required to be audited, the due. Upload form 16 and file your income tax return myitreturn. While filing the return care should be taken to ensure that you select correct income tax forms.
This new form itr 2a is applicable from ay 201516 onwards. New itr forms for ay 201516 income tax return filing. Cbdt notifies new incometax return forms for assessment year 201617 the central board of direct taxes cbdt has notified1 the revised income tax return itr forms for assessment year ay 2016. For income tax purpose citizens above age of 60 are considered as senior citizens and above age of 80 are considered very senior citizens. 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. Today i have gone to income tax department to file the return financial year 201415assessment year 201516, whereas the income tax officer has told me to pay penalty rs. Everification of income tax return check out various methods. The said email states that your income tax return has been selected under risk management process. Jul 28, 2015 the last date for filing income tax return for ay 2015 16 fy 201415 is august 31, 2015. Ay 20 a return of income in for assessmentyear201516, having thefollowingparticulars name permanent account number income tax wardcircle name of premisesbuildingvillage received with thanks from itrno. Download income tax calculator for fy 201415 ay 201516. Ca pardeep kumar income tax return forms assessment year 201516 notification no. For assessment year 20142015, every person not being a co. 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 foreign assets details required to be provided in schedule fa was less.
Dec 20, 2017 income tax return statistics for ay 2015 16 released. Union budget 2015 16 and 201415 have not altered the rebate available under section 87a for fy 2015 16, 201415 or ay 201617, 2015 16 meaning thereby that effectively there will be no income tax payable up to the total income of rs. The more a taxpayer earns the more he should pay is the basic principle of charging income tax. This is easy to use excel utility, in which you can prepare the itr 1 form for filing the hard copy with the department. The taxpayers have to correctly choose the relevant form and file the return. Please note income tax department has released income tax forms in pdf format only, these it forms can be. For individuals being a resident other than not ordinarily resident having total income upto rs. New itr forms for ay 201516 for income tax return filing. Income tax return statistics assessment year 2015 16 version 1. Individual tax return 2015 australian taxation office. Cbdt has notified income tax return itr forms for ay 2015 16. Income taxes are a source of revenue for governments. Do you have to file income tax return for ay 201516. Income tax return forms itr 1, 2 and 4s simplified for convenience of the tax payers income tax forms ay 2015 16 itr1 sahaj ay 2015 16 pdf format.
Downloads wealth tax returns income tax department. Filing of income tax return for assessment year 201516 cakart. Aadhaar number and passport number is now mandatory. Availabilityincome tax rebate section 87a fy 201415 ay 201516. Apr 18, 2015 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. An income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction. Itr 2a can be used by an individual or huf whose total income for the assessment year 201617 includes. This tutorial explains how to fill the income tax return form 1 for filing return.
Income tax return statistics for ay 201516 released. 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. Union budget 201516 and 201415 have not altered the rebate available under section 87a for fy 201516, 201415 or ay 201617, 201516 meaning thereby that effectively there will be no income tax. Individual tax return 2015 1 july 2014 to 30 june 2015 please print neatly in block letters with a black or blue ballpoint pen only. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions. Itr 3 validation rules for ay 201516 income tax department. Particulars old forms for ay 201415 new forms for ay 201516 released in april 2015 new forms for ay 201516 released in june 2015 foreign assets details required to be provided in schedule fa was. But d o not wait till the last week of august to file your ay 201516 income. Income tax department has extend the due date for filing income tax return and tax audit report all over india from 30. Income tax forms for assessment year 20142015 is released by income tax department. Itr1 sahaj for ay 201819 and ay 201718 with tax calculation formulas itri sahaj income tax return form for ay 201718 with formulas for auto calculation of income tax in. Income tax forms for filing income tax return for assessment year.
By law, taxpayers must file an income tax return annually to determine their tax obligations. Under the download menu, click on income tax return forms and choose ay 201516 for financial year 201415. The last date of filing income tax return ay 20152016 has been extended from 31 st july to 31 st august 2015. This move of introduction of itr 2a is in line with the govts objective of simplifying the income tax return forms for the taxpayers. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. New income tax return form for ay 201516 itr3, itr4, itr5, itr6 and itr7 has been notified by cbdt vide notification no.
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. This return form is applicable for assessment year 201819 only, i. 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. Filing of income tax return for assessment year 201516. 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 assessment year 2014 2015, every person not being a co.
Purpose the income tax department has provided free return preparation software in the downloads page as well as facility for online itr submission for. Incometax slab rates for individual for fy 201516 ay 2016. 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. 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. Jul 06, 2015 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. 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 we are providing itr 4s form for ay 201516 in pdf format.
Due date of filing income tax return for the ay 201516 has been. Jan 24, 2019 itr1 sahaj for ay 201819 and ay 201718 with tax calculation formulas itri sahaj income tax return form for ay 201718 with formulas for auto calculation of income tax in fillable pdf about forms compiled in pdf fillable as excel word format. 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. The last date for filing income tax return for ay 201516 fy 201415 is august 31, 2015. Cbdt notifies new incometax return forms for assessment. In 2014, income tax department has identified additional 22,09,464 nonfilers who have. Though it may look scary at start, it is actually a sweetheart with. This excel utility is prepared for preparation of income tax return itr 1 for the assessment year 201516. The rule 12 of the incometax rules was amended vide notification no. Download the income tax return itr form applicable to you. 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. Cbdt has notified income tax return itr forms for ay 201516.
Just to add, even if you could not file return after the last date i. Jul 01, 2015 how to file revised income tax return for ay 2015 16 had forgotten to show exempt portion of my salary income in original return. Mar 19, 2019 download itr 4s form in pdf format for ay 201516. Steps to file your indian incometax return quickly.
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