Download past income tax return filing 2015 16 procedure

Am i required to prepare and file a 2015 tax return. We answer your questions through email and the account message center. If you dont have taxable income for those years and or investment is made out of your earlier savings or from exempt income, you dont need to file income tax return. Every individual with a kra pin is required to file this return. Self assessment tax return forms and helpsheets gov. The deadline to file income tax return itr for the financial year 201819 has been.

So, before you begin filing your income tax return, lets see what has changed in income tax return filing this year. A notable change brought about during budget 2016 is the reduction of time period for filing of belated income tax returns. Form 16 is a tds certificate given by your employer, if tax is deducted from your salary income. In 2014, income tax department has identified additional 22,09,464 nonfilers who have done high value transactions. Filing income tax is very easy and if you are new and this is your first time to file an income tax return, so, the belowmentioned step by step procedure to file the return help you with this. Since the irs only accepts efiled tax returns for the current tax year, you will need to prepare your 2015 return on paper and mail it to the irs. Individuals who are looking to file their income tax returns for the previous years can do so only for the two years prior to the current financial year for which he or she has to file returns. Jul 22, 2015 dear sir, i am working in a private ltd company and will retire on 8th oct 2015. Itr1 sahaj individual income tax return ay 2015 16. Income tax return filing online in india, step by step procedure. All calculations are guaranteed 100% accurate and youll get a copy of your tax return to. To facilitate conformity and make sure that the tax amount is properly credited and reflected in the form 16 form 16a form 26as, a revised tds return has to be filed. Choose a past year to download the right tax software. Follow these instructions on how to file your 2015 tax return.

If the applicable form is itr1 you can complete the process on the portal itself, submitting the details online by using the quick efile itr link. You should also request an extension for 2019 to not risk being late on that return. Free download income tax return efiling software fy 201920. 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. Exempt income includes tax free sources of income, such as the. In other words, youll have to file 2010 2015 fbars and tax returns for 20 2015. This means that for financial year 201516, the incometax return was allowed to be. Income tax filing return forms for 201516 download. For filing help, call 18008291040 or 18008294059 for ttytdd. These deductions are current as of tax year 2014, except where otherwise stated. You can no longer e file a 2015 federal or state tax return anywhere.

In case of complexities, you can take the help of a professional. If the applicable form is itr1 you can complete the process on the portal itself, submitting the details online by using the quick e file itr link. All tax payers who have not filed the return for fy 201819 then they. Download the income tax return itr form applicable to you. Income tax form 16 how to file income tax return using form 16. As per the source of income, select the right type of income tax return form as it is the most important part in filing the income tax return. Jul 04, 2014 helpsheets, forms and guidance notes for your self assessment tax return. If you need wage and income information to help prepare a past due return, complete form 4506t, request for transcript of tax return, and check the box on line 8. The search for free income tax e filing software india procedure ends here for. Yes, an online return can be filed using gen it software. Although the last date to file itr for individuals is july 31, it helps to start. Instructions on how to file a 2015 irs or state tax return are outlined below. Income tax return forms for assessment year 201516.

The income earned in the year 201718 previous year will be furnished to government in the form of income tax return in the year 201819 assessment year as applicable in the respective cases of the assesses depending upon the amount of income earned and subsequent falling in the. Please create a tax questionnaire tq for 2010 and complete the maingeneral and nonus accounts tabs. Prepare and e file your 2019 taxes by april 15, 2020. Form16 contains complete details of salary, its components paid by the employer as well as the tax exempted from the salary. Even though the deadline has passed, you can file your 2015 taxes online in a few simple steps. File late taxes today with our maximum refund guarantee. I have been paying income tax and filing returns regularly. How many previous years income tax return can be filed after due. Due date of filing income tax return for the asst year 2015 16 income tax return forms for assessment year 2015 16 ca prasad chartered accountant 0407 2015 it return filing leave a comment 6,821 views. In this part you can gain knowledge about various provisions and procedure relating to furnishing i.

For fy 201516 period i will be in 2 slabs one from 142015 to 30915 6 months below 60 years 2. In one financial year, you can file your it returns for previous 2 financial years. The grace period for e filing of form be ebe for year of assessment 2014 is given until 15 may 2015. If you can not file the return within the due date, you can still file the belated return us 94 upto 31. Free account rollover and backups of completed tax returns are included. Non filing of income tax return notice received from. Although the last date to file itr for individuals is july 31, it helps to start work on your. A tax return can only be filed online for fy 1516 ay 1617 and fy 1617ay 1718. 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. You can file your individual income tax returns for a particular year of income, anytime between 1st january to 30th june of the following year.

Itr4s sugam presumptive business income tax return ay 2015 16. Statement of income paid or credited by venture capital company or venture capital fund to be furnished under section 115u of the incometax act, 1961. Hence any return which pertains to fy 2014 and before is timebarred and under no circumstances can be filed. Itr2 for individuals and hufs not having income from business or profession. In order to file your state return, you first need to purchase and install the corresponding federal edition. How to file itr for fy 201617 and all the links you need. If you havent yet filed your incometax it return for the financial year 201617 which is for the income earned during the period april 1, 2016 up to march 31, 2017, the clock is. If you are behind on your tax returns, you should take necessary steps and get complaint asap by filing 20162018 streamlined procedure. Income tax filing return forms for 201516 download forms india. Click here for procedure to efile return by uploading 14. The taxpayers have to correctly choose the relevant form and file the return. Jul 15, 20 if you received more than 5,000 tax exempt income during 2012, you will have to use the itr 2 for filing your return this year. These details are communicated to the incometax department in the form of return of income. In 20, income tax department issued letters to 12,19,832 nonfilers who had done high value transactions.

From 1st july onwards, the quoting of your aadhaar number in your itr is mandatory. Filing income tax returns online has been possible for many years. Filing of income tax return for ay 201516 new initiatives. Money that must be paid by an individual by tax day normally april 15 of each year, on income from the preceding year, along with the filing of all individual income tax return forms. The due date for submission of form be for year of assessment 2014 is 30 april 2015. The streamlined program sp requires filing of the last 3 years of tax returns and 6 years of fbars. You can also contact your employer or payer of income.

Similarly, your bank is required to issue form16a for tds deducted on. Similarly, your bank is required to issue form 16a for tds deducted on. Limit on income tax reliefs self assessment helpsheet hs204 7 april 2020. The taxpayer has to communicate the details of his taxable incomeloss to the incometax department. You must have java runtime environment version 7 update jre1. A step by step guide to filing your income tax returns online smitha hari executive summary. Income tax return forms for assessment year 201516 guide.

F 2015 it20 indiana corporate adjusted gross income tax. Jul 18, 2017 like every year, income tax return filing is going to be little different this year as well. Dec 30, 2019 if you receive a corrected form w2 after you filed your return with form 4852, and the information differs from the information reported on your return, you must amend your return by filing form 1040x, amended u. A step by step guide to filing your income tax returns online. Average exchange rates of major currencies for the past six years for salaries tax purpose are available in our homepage. An individual income tax return is a declaration of income earned by an individual within a particular year. Deductions, supporting documents, income tax, return, individual. According to the central board of direct taxes cbdt, filing of income tax returns itr hit an alltime high, with 31 august 2019 reaching peak filing rates of 196 returns in a second. Under the download menu, click on income tax return forms and choose ay 201516 for financial year 201415. If it is a more simple and straightforward filing, you can use the online mode of filing returns by yourself. Statement of income distributed by a business trust to be furnished under section 115ua of the incometax act, 1961. Itr can be filed by downloading the software in excel or java utility. Nov 07, 2017 tax return basics single filing status no dependents form 1040 personal return cpa strength tax season is just around the corner, and i want to try to teach people the basics of a tax return.

Taxregister is the oneend destination for all your tax related services. Income tax rates,forms, check list for return filing for asst. Our online income tax software uses the 2015 irs tax code, calculations, and forms. Under the download menu, click on income tax return forms and choose ay 2015 16 for financial year 201415. We provide professional assistance for income tax return filing online in india. If an individual is looking to file his or her tax returns for the financial year 2015 16 then the time. Form 16 shows a detailed record of income tax deducted by the employer from the salary of the employees. New e filing procedures how ca can file income tax return audit report for his clients e filing of tax audit reportay2014. For years prior to fy 201516ay 201617, youll have to file a paper. The last step of itr filing process is verification. Filing past due tax returns internal revenue service. If you havent yet filed your income tax it return for the financial year 201617 which is for the income earned during the period april 1, 2016 up to march 31, 2017, the clock is. The deadline to file income tax return itr for the financial year 201819 has been extended to august 31.

Jul 11, 2015 the extended last date for filing of income tax return for asst year 2015 16 is 31. Just upload and we will try to read your form 16 data to help you speed up the process of tax filing. If you receive chargeable income or incur deductible expenses in foreign currencies, you are required to report an equivalent amount of the income or expense in hong kong dollars in your tax return. Income tax form 16 is a certificate issued under section 203 of income tax act for tax deduction at source from salary. How to file itr steps to efiling income tax return online. Cbdt has notified income tax return itr forms for ay 2015 16. Income tax department has prescribed different itr forms to file the returns like itr 1 sahaj, itr 2, itr 3, itr 4, itr 4s sugam.