Unique Transaction Number (UTN) not mandatory for filing income-tax returns

The Central Board of Direct Taxes has deferred the implementation of furnishing of the unique transaction number (UTN) for filing income-tax returns. Accordingly, taxpayers filing their returns for the assessment year (AY) 2009-10 or any other earlier assessment years can do so without mentioning the UTN, as required under a notification (No 31 of 2009) […]

Read More Unique Transaction Number (UTN) not mandatory for filing income-tax returns

Online Tool to generate ITR-1 return

Having got your income tax calculated for this year (2008-09) through GConnect online Income Tax calculation application, now it’s time to file those details in the form of ITR-1 or ITR-2 with Income Tax department.  The last date of filing these returns is 31st July 2009.  GConnect has again made this procedure a simple one […]

Read More Online Tool to generate ITR-1 return