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Category: Income Tax India

  • Income Tax India
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Government Extends Income Tax Returns Filing Deadline Till August 31

July 26, 2018July 26, 2018Team Quvisor

The government today extended the last date for filing income tax returns for the assessment year 2018-19 by a month to Aug. 31. The new income tax return forms were notified early in April and taxpayers (whose accounts are not liable for audit) were earlier allowed to e-file their ITRs till July 31 which has...

  • Income Tax India
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Are you Paying Rent above Rs 50,000 per month ? : You Need To Deduct TDS and deposit it with Income tax

March 9, 2018March 9, 2018Team Quvisor

Critical Income Tax Update | New Delhi, India : If you are paying a monthly rent over Rs 50,000, you need to deduct tax from the rent that you pay to your landlord, said the Income Tax Department on its official Twitter account @IncomeTaxIndia. You should deposit the deducted amount in a government account, it...

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