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Monday, August 24, 2015

Special I-T return counters for salaried tax payers

NEW DELHI: The income tax department will open special I-T return counters for salaried tax payers between August 24-31 at Pratyaksha Kar Bhawan here. 

The special counters are being organised to facilitate smaller tax payers having salary/pension income to file paper return, the Finance Ministry said in a statement. 

For the assessment year 2015-16, corresponding to the financial year 2014-15, e-filing of return of income is mandatory for persons whose total income exceeds Rs 5 lakhs or if the return contains a claim for refund. 

Similar facilitation counters are also being set-up in other metropolitan cities based on local requirements, the statement said.

Source:-The Economic Times

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