Showing posts with label IT Returns. Show all posts
Showing posts with label IT Returns. Show all posts

Friday, August 21, 2015

Special IT Return Counters to be Organised for Salaried Tax Payers (Including Pensioners) to File Paper Returns Between 24th August to 31st August, 2015

Press Information Bureau 
Government of India
Ministry of Finance

Special IT Return Counters to be Organised for Salaried Tax Payers (Including Pensioners) to File Paper Returns Between 24th August to 31st August, 2015 at Pratyaksha Kar Bhawan in National Capital; 

Special Facilitation Counters for Senior Citizens and Differently Abled Persons; 

These Counters to Facilitate Smaller Tax Payers Having Salary/Pension Income But Their Total Income do not Exceed Rs. 5 Lakhs or Their Returns do not Contain any Claim for Refund

The Principal. Chief Commissioners of Income Tax, New Delhi will be organizing Special Return Counters for Salaried Tax Payers (including pensioners) between 24th August to 31st August, 2015 at Pratyaksha Kar Bhawan, Civic Centre, Minto Road, New Delhi. The camp will be inaugurated by Chairperson of the Central Board of Direct Taxes(CBDT), Smt. Anita Kapur at 10.00 am. on Monday,24th  August 2015

The special counters are being organized to facilitate smaller tax payers having salary/pension income, to file paper returns. Taxpayers may note that for the assessment year 2015-16, corresponding to the financial year 2014-15, e-filing of return of income is mandatory for persons whose total income exceeds Rs. 5 lakhs or if the return contains a claim for refund. Paper Returns in such cases will not be accepted.

However, the income limit of Rs. 5 lakhs and claim of refund will not apply to taxpayer over the age of 80 years deriving salary/pension income. In such cases paper returns will be accepted.

The special counters would be set-up jurisdiction wise as follows:

·         For PCIT-22 Charge (Government salary)-‘B’ Block, Ground floor of Civic Centre, Minto Road, New Delhi.
·         For PCIT-23 Charge(PSUs/Bank employees/School and College employees)-‘C’ Block, Ground floor, Civic Centre, Minto Road, New Delhi.
·         For PCIT-24 Charge (Private salaries)- ‘C’ block, Civic Centre, Minto Road, New Delhi.
There will be special facilitation counters for senior citizens and differently abled persons.

Facilities like a Helpdesk, assistance of Tax Return Preparers (TRPs), UTI/NSDL counters, banking, tax payment facility, PAN verification counters, drinking water, and emergency medical aid will be available at the venue.

Similar facilitation counters are being set-up in other metropolitan cities based on the local requirement.
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Tuesday, May 03, 2011

No IT Returns for Salaried class


   Salaried class employees exempted for filing of Income Tax Returns.

   ‘No Filing of returns’ scheme for salaried class earning less than Rs. 5 Lakh to be notified by June, 2011

   The PTI Press Release intimates that the New Policy reg. ‘No Filing of returns’ scheme for salaried class earning less than Rs. 5 Lakh will be notified by June, 2011

   ‘No return’ scheme for salaried class earning less than Rs. 5 Lakh to be notified by June The Chairman of Central Board of Direct Taxes ( CBDT), Sudhir Chandra, today said the scheme to exempt salaried people earning up to Rs 5 lakh annually from filing income tax returns will be notified in the first week of June. The scheme was announced in the Union Budget 2011‐12 by Finance Minister Pranab Mukherjee.

   “A category of small‐salaried tax payers whose net salaried income is not above Rs 5 lakh and whose tax is deducted at source by the employer who files return, will be exempted from filing returns,” Chandra told reporters here.

   “The scheme for this category will be notified in the first week of June,” he said. “But if the taxpayer is claiming a refund from the I‐T department, then he will have to file the return.”

   The scheme will provide relief to about 70 to 80 lakh people from filing I‐T returns.

   “We are also trying to exempt small bank‐interest income, the tax on which has been deducted at source, under this scheme,” he said.

   “A new facility has been introduced on filing of electronic returns. At the click of the mouse, a portal will open…on which you can view every month how much money your employer has deducted, and whether it has been deposited in the government kitty,” Chandra said.

Source : PTI
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