Income Tax - Current Affairs Questions and Answers

1)   To popularise electronic mode of ITRs filing, CBDT is planning to provide the following:

a. “Pre-filled” return forms to filers which will have an automatic upload of data on income and other vitals of a taxpayer
b. Online verification of an ITR by using either the Aadhaar number, Internet banking, ATM among others.
c. Both of the above
d. None of the above
Answer  Explanation 

ANSWER: Both of the above

Explanation:
No explanation is available for this question!
2)   For which of the following,  Income Tax Department has to open special return counters?

a. Defence Personnel
b. Salaried Tax Payers
c. Pensioners
d. Differently-abled Persons
e. Both B,C and D
Answer  Explanation 

ANSWER: Both B,C and D

Explanation:
Salaried tax payers and pensioners with annual income upto five lakh rupees and with no refund claim can file their returns at these counters upto 31st Aug’15. However, the income limit of 5 lakh rupees and no claim refund provision will not apply to tax payers over the age of 80 years deriving salary or pension income. There will be special facilitation counters for senior citizens and differently-abled persons. An official release said similar facilitation counters are being set up in other metro cities based on the local requirements.

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