Income Tax

Not Pre-filling of ITR / TDS data-ITD advisory to Taxpayers

Not Pre-filling of ITR / TDS data-Taxpayers advised to verify pre-filled data carefully & fill manually if required, use latest ITR Preparation Software 

Income Tax e-filing portal has cautioned the taxpayers to note the followings in connection with pre-filling of ITRs-

Not Pre-filling of ITR / TDS data in returns

1. Pre-filling of ITR is only for the taxpayer’s convenience. Taxpayers should verify the pre-filled data carefully and add any other taxable income which is not pre-filled. 

2. Last date for filing of TDS statement and issue of TDS certificate by Deductor is 30th June, 2019 and 10th July, 2019 respectively. In case the TDS data is not pre-filled, taxpayers are expected to fill these details themselves. 

3. Consequent to changes made in Income Tax Return Preparation Software and Schema for AY 2019-20

(a) Already saved draft data will not be available in case of Online ITR 1 & 4 

(b) In case of Offline utilities, XML has to be re-generated using the latest Income Tax Return Preparation Software

Share

Recent Posts

  • Income Tax

In abated search assessments AO’s jurisdiction not restricted to “incriminating material” only

In abated search assessments u/s 153A, AO’s investigative powers are wide and are not restricted to "incriminating material” only –…

17 hours ago
  • GST

Supreme Court declines to entertain SLP due to constitution of the GST Appellate Tribunal 

Supreme Court declines to entertain SLP due to constitution of the GST Appellate Tribunal  In a recent judgment, Hon'ble Supreme…

19 hours ago
  • Income Tax

After notice u/s 143(2) is issued, processing u/s 143(1) is not permissible

After notice u/s 143(2) is issued in scrutiny proceedings, summary processing u/s 143(1) is not permissible - ITAT In a…

2 days ago
  • Income Tax

Assessment Order without digital or manual signature is non-est and illegal

Assessment Order without digital or manual signature is non-est and illegal In a recent judgment, Delhi ITAT has held that…

3 days ago
  • Income Tax

Once ITR is filled in response to notice u/s 148 though late, notice u/s 143(2) is must – ITAT

Once assessee filed ITR, in response to the notice u/s 148 of the Act, even beyond time prescribed, Assessing Officer…

6 days ago
  • tender

Petitioner was not disqualified in tender for giving EMD by way of FD not DD

Petitioner was not disqualified in tender for submitting EMD by way of Fixed Deposit in place of Demand Draft -…

6 days ago