It return for ay 2015-16

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Anoopkumar (Querist)

15 April 2015 IT dept has not yet activated the utility for IT return for AY 2015-16 in their website.Actually, any time limit is there under Income tax act etc such that they're bound to release the utility within some time?

Nikhil Kaushik

Nikhil Kaushik (Expert)

15 April 2015 ITR 1 wont be available before mid-may. other forms are released subsequently.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

31 May 2015 UPDATE:

A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains, Income from Business/Profession or Foreign Asset/Foreign Income; In Form ITR 2 and the New Form ITR 2A, the Main Form will not Contain more than 3 Pages, and other Information will be Captured in the Schedules which will be Required to be filled only if applicable;

As the Software for these Forms is under Preparation, they are likely to be available for e-filing by 3rd week of june 2015;Time Limit for Filing these Returns is also Proposed to be Extended up to 31.08.2015.

See announcement from link given below:

https://pib.nic.in/newsite/PrintRelease.aspx?relid=122167

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