Income tax rules pdf 2015 tax return form ay 2015-16

Cbdt has notified income tax return itr forms for ay 2015 16. Ca pardeep kumar income tax return forms assessment year 201516 notification no. For individuals other than female taxpayers, senior taxpayers of 65 years and above, retarded taxpayers and gazetted warwounded freedom fighter, income tax is payable for the on first upto tk. 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. Income tax slabs and rates for fy 202021 bankbazaar. Tax return for individuals 2015 sensitive when completed page 3 i if you completed the tax return for individuals supplementary section 2015, write here the amount from total supplement. 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. Income tax return forms for assessment year 201516 guide.

D what is amount of penalty for nonfiling an income tax return. The form is required to be filled out and submitted by those who are eligible to use it under the income tax act, 1961, and the income tax rules. Rules for filing of income tax returns by individuals. Form 1040 department of the treasury internal revenue service 99 u. Filing of income tax return for assessment year 201516. Annual report 20172018 national saroni annual report 20172018 income tax annual report 20172018 custom saroni annual report 20172018 chapter 2. This return form can be filed with the income tax department in any of the following. Business income where such income is computed in accordance with special provisions referred to in section 44ad and 44ae of the act for computation of business income. New itr forms for ay 201516 income tax return filing.

Income tax national board of revenue nbr, bangladesh. Last year income tax department has released the final income tax return form in last week of june,due to which income tax return due date has extended and lately due date in audit cases was also extended after the court interference. Both companies filed their revised returns of income return for ay 201516 and ay 201617 in november 2018 in paper form, as electronic filing was not possible by that time as the statutory time. But the tax slabs have not been changed for the last few years. Download income tax return efiling utilities ay 201516 note for ay 201516, itr1, itr 2, itr 2a, itr 4s where returned income is grater than 5 lakhs or where refund is claimed except where the.

For example, any income you earned between 1st april, 2015 to 31st march, 2016 will fall in the financial year of 201516 that also be denoted as fy 201516. The rule 12 of the incometax rules was amended vide notification no. Chartered accountants 25th august, 2015 shantinath hall, icai organised by. Filing of income tax return for assessment year 201516 cakart. 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. Scrutiny of refurbished return forms for assessment year 201516. Filing of income tax return for assessment year 2015 16. An individual who is a chargeable person for the purposes.

For individuals and hufs not having income from business or. May 23, 2017 income tax ready reckoner ay 2015 16 pdf free download. Central board of direct taxes cbdt has notified new income tax return itr forms for assessment year 201516 means financial year ending 31st march 2015. Income tax return archives guide to taxation and legal. This year as well, the indian finance minister nirmala sitharaman announced multiple changes that have taken place in the budget. Central board of direct taxes cbdt has notified new income tax return itr forms for assessment year 2015 16 means financial year ending 31st march 2015. Cbdt has notified new itr forms sahaj itr1, itr2 and sugam itr4s for ay 2015 16. For individuals other than female taxpayers, senior taxpayers of 65 years and above, retarded taxpayers. Tax deductions under income tax acts section 80u are made available for rs. Tax return for individuals 2015 sensitive when completed page 3 i if you completed the tax return for individuals supplementary section 2015, write here the amount from total supplement income or loss on page 15. 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. Income tax ratesslab for assessment year 201415 previous year 2014 rates %age.

Under the download menu, click on income tax return forms and choose ay 201516 for financial year 201415. Particulars old forms for ay 201415 new forms for ay 201516 released in april 2015 new forms for ay 201516 released in june 2015 bank account details of only one bank account for refund was. Here is a primer on income tax slab rates for ay 201617. New itr forms for ay 201516 for income tax return filing. Individual tax return 2015 australian taxation office. 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. So now due date for nonaudit case also salaried employee covered, is 31.

Section 80u income tax deduction under section 80c. This is the new income tax return form 2a which is introduced first time in income tax return form. The taxpayers have to correctly choose the relevant form and file the return. The new itr forms 1, 2 and 4s were notified for the assessment year 201516 vide said notification. 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. 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. Apr 18, 2015 due date for filing income tax return for nonaudit cases for assessment year 20152016 is 31. Compared to the forms of the previous year, a few changes have been made in new set of form. Income tax rates 20142015 for filing individual tax returns. Government notifies new income tax return forms for fy 201516. The national board of revenue nbr is the apex authority for tax administration in bangladesh. For information about any additional changes to the 2015 tax law or any other devel opments.

Given below are the various tables for the latest income tax slabs for the fy 20202021. Page 6 sensitive hen completed individual ax eun 2015 income tests you must complete this section. These limits got modified from that of the previous limits of rs. Income tax rates and slabs undergo modification and change every year with the change and addition in the union budgets. Tax return for individuals 2015 australian taxation office. Download income tax return efiling utilities ay 2015 16 note for ay 2015 16, itr1, itr 2, itr 2a, itr 4s where returned income is grater than 5 lakhs or where refund is claimed except where the person is 80 years or more and filing itr 1, 2 or 2a and itr 3 itr 4 itr 5 itr 6 itr 7 are mandatorily required to be. The scope of newly notified1 income tax forms applicable for the fy 201516 and detailed. As per section 271f, the assessing officer can levy a penalty of rs 5,000 in case you have failed to file your return by due date.

Apr 04, 2016 for example, any income you earned between 1st april, 2015 to 31st march, 2016 will fall in the financial year of 2015 16 that also be denoted as fy 2015 16. Individual income tax return for 2014 emoulment income only approved by the board of inland revenue under section 76 of the income tax act, chap. The sugam itr4s form is a presumptive income tax return form and is part of the income tax returns filing process with the income tax department of india. Cbdt has also amended rule 12 of the income tax rules, 1962 expanding. Income tax return utility itr 2a in excel and java ay 201516. This return form can be used by an individual huf whose total income for the assessment year 2015 16 includes. If you can not file the return within the due date, you can still file the belated. Cbdt has notified new itr forms sahaj itr1, itr2 and sugam itr4s for ay 201516. Dear sir, please provide itr filing utility through your software for individuals 24q yogesh j shah.

Apr 01, 2016 cbdt has released new income tax return form for assessment year 201617. Up to 2,00,000 up to 2,00,000 for women up to 2,50,000 for resident individual of 60 years till 80 years. Government of india income tax slab rates for ay 20142015. 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. 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. Income tax return filing forms for ay 201617 fy 201516. Income tax return forms for assessment year 201516. Find income tax forms for tax refunds, allowances and reliefs, savings and investments and leaving the uk. But d o not wait till the last week of august to file your ay 2015 16 income tax return. It showing loss, negative sn at left b6 b7 89 bli b12 8 b 14 815 gross total income deductions under chapter via total income current loss if any net tax payable interest payable.

This year as well, the indian finance minister nirmala sitharaman announced. Income tax forms for assessment year 20152016 is released by income tax department for assessment year 20152016, every person not being a co. However the schema for new itr forms xml ereturn generation is still awaited. Due date of filing income tax return for the ay 201516 has been extended by cbdt from 31st july 2015 to 31st august 2015. Cbdt has notified income tax return itr forms for ay 201516. 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. Just to add, even if you could not file return after the last date i. Last year income tax department has released the final income tax return form in last week of june,due to. Cbdt notifies income tax return forms simplified for ay 201516 vide notification no. New income tax return form for ay 201516 itr3, itr4, itr5, itr6 and itr7 has been notified by cbdt vide notification no. The income tax department notified income tax return utility itr 2a for the assessment year 2015 16. The last date of filing income tax return ay 20152016 has been extended from 31 st july to 31 st august 2015. Cbdt has issued circularorder on extension of due date of filing of income tax return ay. Assessment year 201617 financial year 201516 every individual, hindu undivided family and company whose net.

Filing of income tax return for ay 201516 new initiatives. Aadhaar number and passport number is now mandatory. If you can not file the return within the due date, you can still file the belated return us 94 upto 31. Assessment year 201617 financial year 201516 every individual, hindu undivided family and company whose net wealth exceeds the maximum amount which is not chargeable to wealth tax in any previous year ending of 31st march is liable to file the wealth tax return. Cbdt has released new income tax return form for assessment year 201617. Tax rebate of rs 2000 to resident individuals whose total income is less than rs 5,00,000. It was established by the father of the nation bangabandhu sheikh mujibur rahman under presidents order.

Ay 20 a return of income in for assessmentyear201516, having thefollowingparticulars name permanent account number income tax wardcircle name of. Download the income tax return itr form applicable to you. Get forms and other information faster and easier at. Jun 24, 2015 scrutiny of refurbished return forms for assessment year 201516. Cbdt has issued circularorder on extension of due date of filing of income tax return ay 2015 16 dated 10.

Both companies filed their revised returns of income return for ay 2015 16 and ay 201617 in november 2018 in paper form, as electronic filing was not possible by that time as the statutory time limit to file a revised return for the years in question had expired by then. 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. For individuals being a resident other than not ordinarily resident having total income upto rs. Sections of an act quoted within this form refer to the taxes consolidation act tca 1997 unless otherwise stated. For individuals, hufs and firms other than llp being a resident having total income upto rs. 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. Government of india has increased the basic personal income tax exemption limit from rs. Assessment year ay once the financial year ends, then you calculate the income and try to file the it return. The income tax department notified income tax return utility itr 2a for the assessment year 201516. We have not gone through income tax forms in detailed but itr1 and itr2 are more or. The form is required to be filled out and submitted by those who are eligible to use it under the income tax act, 1961, and the income tax rules, 1962. The income tax return utility is in excel and java format which you can use both online and offline mode to file income tax return for assessment.

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