Income taxation earnings filing date extended to 5 Aug; for Jammu and Kashmir it’s 31 Aug

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New Delhi: Tax earnings for 2015-16 (assessment year 2016-17) were creatively to be filed by 31 July. But in perspective of a day-long strike during open zone banks, a deadline has been extended to 5 August.

Representational image.Representational image.

Representational image.

For Jammu and Kashmir, a deadline will be 31 Aug in perspective of a ongoing misunderstanding in a state. “In perspective of today’s bank strike and reeling in Jammu and Kashmir, a due date of IT lapse filing is being extended,” Revenue Secretary Hasmukh Adhia pronounced in a twitter on Friday.

For assessees opposite India probable to record I-T earnings by 31 July, a deadline is extended adult to 5 August, he said. “For assessees in Jammu and Kashmir, this date has been extended to 31 August,” he added.

Filing taxation earnings depends on a source of income, i.e either one is a salaried chairman or a company. Further a taxation forms are also different;  IRT-1, 2 and 2A for a salaried chairman and ITR-5 and 6 for companies.

Apart from taxation forms, another really critical request is Form 16 that an particular receives from a company. The form is divided into Part A and B. Apart from Form 16 one should also have bank statements, seductiveness and housing loan certificates (if any) during a time of filing of returns.

Once a several taxation lapse forms have been completed, one needs to a request in a e-filing website. More importantly, for people who are not earning some-more than Rs 5 lakhs, e-filing is mandatory.

On a successful execution of ‘e-filing’, a particular will accept a receipt that one will have to contention online.


With inputs from other agencies