If a salaried employee does not possess Form 16, he can still file the I-T Return with the help of his salary slips and Form 26 AS.
The trouble for Ashok Lavasa's family began a few months back when his wife, Novel Singhal Lavasa, came under the scanner of the income tax department on charges of alleged tax evasion.
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We attempt to demystify for the salaried class the two main ITR forms applicable in their case, i.e. Forms ITR-1 and ITR-2.
The Panama Paper leaks were originally revealed by the International Consortium of Investigative Journalists on April 4, 2016, following which, the government had set up the MAG to probe the matter.
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India successfully tested the advanced version of Lakhsya, the indigenously built Pilotless Target Aircraft from the Integrated Test Range at Chandipur-on-sea, about 15 km from Balasore, for the third consecutive day on Wednesday.
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The deadline extended till March 31, 2019.
The missile positioned at launch pad-3 of the ITR swung in to action after getting signal from the radars to intercept a moving aerial target supported by an unmanned air vehicle (UAV) 'Banshee' over the Bay of Bengal, officials said.
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India on Saturday successfully conducted two rounds of trials of its indigenously developed surface-to-air Akash missile as part of a user trial by the Indian Air Force from the Integrated Test Range at Chandipur near Balasore in Odisha.
The HSTDV is an unmanned scramjet demonstration aircraft for hypersonic speed flight, it can cruise at a speed of mach 6 and move up to an altitude of 32.5 km (20 miles) in 20 seconds, the sources said.
India successfully conducted the third developmental trial in four days of its indigenously developed beyond visual range air-to-air missile 'Astra' on Monday from the integrated test range at Chandipur, 15 km from Balasore in Odisha.
The government has now made quoting of Aadhaar mandatory for filing income tax returns as well as obtaining a new PAN.
Even if your only source of income is salary and the tax has been deducted at source, you need to file returns.
The missile successfully flew in its pre-set trajectory meeting its mission objectives
Even joint owners and trustees have to maintain records for past 16 years.
The air-to-air missile is to form the main interception armour of the indigenously developed Light Combat Aircraft.
While for the consumers, there is some gain and some pain, for India Inc, it's all about compliance, consolidation and parity
IndiGo confirmed the incident but said the aircraft did not face any technical issue in the past.
Two days after its successful trial, India on Saturday again test-fired the indigenously developed surface-to-air Akash missile from the test range at Chandipur near Balasore. "The user specific trial, which formed part of the country's routine air defence exercises, was conducted from the ITR," said a Defence Research Development Organisation official associated with the Akash missile project.
India's indigenously developed, micro-light pilot-less target aircraft 'Lakshya-1' was successfully test flown from the Integrated Test Range at Chandipur in Odisha on Thursday.
Sharpening its missile teeth, India on Thursday successfully test-fired its medium range nuclear capable Agni-II missile with a strike range of 2000 km as part of a user trial by the army from the Wheeler Island off Odisha coast.
Tightening the norms, Income Tax (I-T) Department has introduced a new column seeking details of foreign assets in the Income Tax Return (ITR) forms for the 2012-13 assessment year.
A high performance on-board computer with distributed avionics architecture and high speed reliable communication bus and a full Digital Control System were used to control and guide the missile to the target.
As part of its plan to deploy a two-layer ballistic missile defence system, India on Friday successfully test-fired its indigenously developed supersonic interceptor missile from the Integrated Test Range off Odisha coast. A surface-to-surface target missile -- a modified 'Prithvi' -- was first lifted from the launch Complex III in ITR at Chandipur, 15 km from Balasore around 10.13 am, defence sources said.
The new I-T return forms make things more complex. Even trustees or nominees are in for a tough time.
Taxpayers are allowed to make the changes under certain circumstances
India on Wednesday successfully test fired its indigenously developed surface-to-air 'Akash' missile of the Air Force version from the integrated test range at Chandipur near Balasore in Odisha, the fifth trial of the anti-aircraft system in the last fortnight.
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Taxpayers might face several issues while filing returns this year.
India on Friday test-fired the Brahmos supersonic cruise missile with certain new systems from the Integrated Test Range at Chandipur off Odisha coast. The test comes two days after defence scientists conducted a similar trial from the same site. "The missile was test-fired from a ground mobile launcher from launch complex-3 of the ITR at about 10 am," a senior official said.
Penalty can be levied at 100-300 per cent of the tax evaded, while tax is imposed at the highest rate of 30 per cent.
Adding teeth to its nuclear deterrence, India on Tuesday successfully test-fired an advanced variant of nuclear-capable Agni-II ballistic missile with a strike range of 3,000 km from an island off Odisha coast.
India has tested a 1,000 kg indigenously-developed glide bomb, which successfully hit a target 100 km away, in the Bay of Bengal off the Odisha coast, making the country self-reliant in guided precision bombs.
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