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Don’t miss the latest developments in business and finance.
Check ITR for discrepancies before responding to notice from tax dept
Respond on time, with expert help if required, to prevent further punitive measures
ITR filing for AY 2022-23 now available on e-filing portal, says I-T Dept
'Check your Form 26AS, AIS and other relevant documents before submission. Be an early filer,' says I-T Dept
How to respond to a notice for reassessment of income u/s 148A of I-T Act
Check the Relied Upon Documents, or RUDs, on the basis of which the assessing officer has started the reassessment proceedings
Income-tax return and types of ITR forms
The deadline for filing IT return is drawing close. Many wait till the last moment to finish the exercise, but that is not advisable. Find out the different categories of ITR forms that taxpayers fill
Best of BS Opinion: Targeting taxpayers, Bharat Ratna for Dr Kurien & more
Here are the best of Business Standard's opinion pieces for Friday
I-T dept undergoes overhaul to implement faceless assessment scheme
3,500 posts of assessment officers diverted to other centres; officers flag transitional challenges in implementing scheme
I-T dept spots taxpayers with high-value transactions in FY19 with no ITRs
The last date for filing as well as revising the Income Tax Return for Assessment Year 2019-20 (relevant to FY 2018-19) is July 31, 2020
I-T dept to issue PAN if taxpayers use Aadhaar for filing returns: CBDT
PAN will be generated automatically if a taxpayer uses Aadhaar for filing returns: CBDT
In 2 yrs, taxpayer won't have to face taxman for assessments: CBDT Chairman
Recent government sanction to create advanced Centralised Processing Centre 2.0 in the I-T Department is a precursor to these futuristic proposals
Jurisdiction-free I-T assessment of taxpayers on the anvil
CBDT has constituted a special team of officers to prepare modalities to abolish the old system