CBDT issues Income Tax return forms for the fiscal year 2022-23
1 year, 10 months ago

CBDT issues Income Tax return forms for the fiscal year 2022-23

India TV News  

ITR Form 2022-23: The Central Board of Direct Taxes has issued Income Tax return forms for individuals, Hindu Undivided Families, businesses, and others for the fiscal year 2022-23. The early notification of ITR forms for this year would provide sufficient time for all stakeholders, including the e-filing portal, third-party software companies, taxpayers, and tax professionals, to prepare their returns early. ITR-3 is for individuals or Hindu Undivided Families earning income under the head “profits or gains of business or profession” and not eligible to file Form ITR-1, ITR-2, or ITR-4. There are several types of taxes in India, including income tax, goods and services tax, excise duty, customs duty, property tax, wealth tax, and other taxes.

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History of this topic

ITR filing: 'Over 5 crore returns filed so far this fiscal year', says Income Tax Department
4 months, 3 weeks ago

ITR filing: 'Over 5 crore returns filed so far this fiscal year', says Income Tax Department

India TV News  

The Income Tax Department on Saturday revealed that more than 5 crore Income Tax Returns have been filed on the e-filing portal so far this fiscal year. In a post on social media platform X, the IT Department said, "More than 5 crore ITRs for AY 2024-25 have already been received on the e-filing portal of the Income Tax Department …

ITR filing 2024: How to choose right Income Tax return form? Check types of forms
5 months, 2 weeks ago

ITR filing 2024: How to choose right Income Tax return form? Check types of forms

India TV News  

Income Tax Return Filing: Whether you are employed or have your own business, as an individual taxpayer, you need to file your Income Tax Return by July 31. Check types of forms and know its uses Form ITR 1 Form ITR 1 is for resident individuals whose total income does not exceed Rs 50 lakh during the financial year. Form …

CBDT Enables Functionalities To File ITR-1, 2, 4 & 6 For A.Y. 2024-25
8 months, 2 weeks ago

CBDT Enables Functionalities To File ITR-1, 2, 4 & 6 For A.Y. 2024-25

Live Law  

The Central Board of Direct Taxes has enabled the functionalities to file commonly used ITRs namely ITR-1, 2, 4 & 6 For A.Y. 2024-25.The Central Board of Direct Taxes has facilitated taxpayers to file their Income Tax Returns for the Assessment Year 2024-25 from 1st April, 2024 onwards. The Central Board of Direct Taxes has facilitated taxpayers to file their …

Delhi woman gets 6 months jail for failing to file ITR on ₹2 crore income
9 months, 1 week ago

Delhi woman gets 6 months jail for failing to file ITR on ₹2 crore income

Hindustan Times  

A Delhi Court sentenced a woman to six months in jail for not filing a return on income of ₹2 crores after a complaint was filed by the Income Tax Office alleging that TDS amounting to Rs. The court sentenced Savitri noting, “The convict is awarded a sentence of simple imprisonment for six months with a fine of ₹5,000 and …

CBDT notifies new ITR forms for Assessment Year 2024-25. Which one is for you?
10 months, 2 weeks ago

CBDT notifies new ITR forms for Assessment Year 2024-25. Which one is for you?

Hindustan Times  

The Income Tax department has officially notified income tax return forms 2, 3, and 5 for the assessment year 2024-25. ‘Average processing time of ITR reduced in 10 years’: FM Sitharaman Union finance minister Nirmala Sitharaman, while presenting interim Union Budget, on Thursday lauded the ‘transformative shift in tax assessment methodologies over the past five years’. Budget 2024 Highlights: Rooftop …

CBDT Notifies ITR-6 For AY 2024-25
10 months, 3 weeks ago

CBDT Notifies ITR-6 For AY 2024-25

Live Law  

The Central Board of Direct Taxes notified the Income Tax Return Form ITR-6 for the Assessment Year 2024-25 with effect from April 01, 2024.The has notified the Income-tax Rules, 2024 to further amend Income-tax Rules, 1962.The companies which are registered under the Companies Act 2013 or the previous Companies Act 1956 should file ITR 6 Form. The Central Board of …

CBDT Extends Due Date For Educational & Charitable Institution Audit And Form ITR-7 For The Assessment Year 2023-24
1 year, 3 months ago

CBDT Extends Due Date For Educational & Charitable Institution Audit And Form ITR-7 For The Assessment Year 2023-24

Live Law  

The Central Board of Direct Taxes has extended the due date for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24.The due date of furnishing Audit reports in Form 10B/Form 10BB for the Financial Year 2022-23, which is 30.09.2023 has now been extended by the CBDT to 31.10.2023.Form 10B is associated with charitable institutions and religious trusts …

Over 6 crore Income Tax Returns filed for 2022-23 fiscal: Government data
1 year, 4 months ago

Over 6 crore Income Tax Returns filed for 2022-23 fiscal: Government data

India TV News  

Income Tax Return: The Income Tax Department on Sunday shared that more than 6 crore tax returns have been filed for income earned in the 2022-23 fiscal. The last date for filing income tax returns for the previous year by salaried class and those who do not have to get their accounts audited is July 31. Giving statistics on the …

Income tax return: As deadline approaches, know which form to use for ITR filing
1 year, 5 months ago

Income tax return: As deadline approaches, know which form to use for ITR filing

Hindustan Times  

The deadline to file the Income Tax Return for the financial year 2022-23 is July 31. ITR form 1: Taxpayers and individual residents earning an income of up to ₹50 lakh from salary, income from one house property, other sources such as interest or dividend, and agricultural Income up to ₹5,000. ITR form 2: Individuals and Hindu Undivided Family with …

ITR Filing: What is ITR-6, how to file online for AY 2023-24
1 year, 6 months ago

ITR Filing: What is ITR-6, how to file online for AY 2023-24

India Today  

An income tax return is basically a document that is filed as per the provisions of the Income Tax Act, reporting one’s income, profits and losses, and other deductions as well as details about a tax refund or tax liability. Companies, except those claiming exemption under section 11 due to their income from the property being held for charitable or …

Income tax returns: Choosing the right ITR form, eligibility, and filing requirements
1 year, 8 months ago

Income tax returns: Choosing the right ITR form, eligibility, and filing requirements

India Today  

Direct taxation, as we know it today, has been there in India since ancient times. Various income tax forms have been notified by the Income Tax department, such as ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 & ITR 7 to date. In addition to considering the details of income, it is important to also keep …

Income Tax Return Filing Online: Easy Steps To File ITR 1 Sahaj, Check Details Here
1 year, 8 months ago

Income Tax Return Filing Online: Easy Steps To File ITR 1 Sahaj, Check Details Here

News 18  

An income tax return is a document that you file with the Indian tax department to report your income, deductions, and taxes paid for a particular financial year. The finance ministry has allowed individuals against whom search and seizure operations were carried out by the IT authorities to file revised income tax return in ITR-1 form for assessment year 2023-24. …

New ITR Forms For AY 2023-24: Know The Key Changes
1 year, 10 months ago

New ITR Forms For AY 2023-24: Know The Key Changes

Live Law  

On February 10, 2023, the Central Board of Direct Taxes announced the tax return forms for the financial year 2022–2023.This year, ITR forms were announced in advance, which is a very positive step toward making compliance easier. The disclosure and reporting requirements on tax return forms will be better understood by taxpayers.Here are the key changes:Separate section for. Here are …

CBDT Notifies ITR Forms For Assessment Year 2023-24
1 year, 10 months ago

CBDT Notifies ITR Forms For Assessment Year 2023-24

Live Law  

The Central Board of Direct Taxes has notified the ITR forms for the assessment year 2023–24.The Board has notified the Income-tax Rules, 2023, which shall come into force with effect from April 1, 2023.The Board has notified the Indian Income Tax Return Forms, namely ITR-1 SAHAJ, ITR-2, ITR-3, ITR-4 SUGAM, ITR-5, ITR-6, and ITR-V, and the Indian Income Tax. The …

CBDT Issues Draft common Income-tax Return-request for inputs from stakeholders and the general public
2 years, 1 month ago

CBDT Issues Draft common Income-tax Return-request for inputs from stakeholders and the general public

Live Law  

The Central Board of Direct Taxes has issued the draft common income-tax return request for inputs from stakeholders and the general public.Depending on the type of person and the nature of their income, taxpayers are currently required to file income tax returns on ITR-1 through ITR-7. The Central Board of Direct Taxes has issued the draft common income-tax return request …

One income tax form to rule them all: Centre’s proposal to simplify filing returns explained
2 years, 1 month ago

One income tax form to rule them all: Centre’s proposal to simplify filing returns explained

Firstpost  

According to the finance ministry, the proposed form will be user-friendly with income from digital assets listed under a separate head. The CBDT, under the finance ministry, said that ITR-1 and 4 would continue, but individuals would also have the option to file returns of income in the common ITR form. Sujit Bangar, Ex-IRS officer and founder of Taxbuddy.com told …

ITR filing deadline for 2022-23 for businesses extended till 7 November
2 years, 1 month ago

ITR filing deadline for 2022-23 for businesses extended till 7 November

Firstpost  

Earlier, the last date for filing ITR by companies who are required to get their accounts audited was October 31 New Delhi: The Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment year 2022-23 by businesses till November 7. The Central Board of Direct Taxes, the apex decision-making body in matters of income and …

CBDT Notifies ITR-A Under Section 170A For Filing Modified Return Pursuant To Business Reorganisation
2 years, 3 months ago

CBDT Notifies ITR-A Under Section 170A For Filing Modified Return Pursuant To Business Reorganisation

Live Law  

The Central Board of Direct Taxes has notified Form ITR-A for filing the modified income tax return under Section 170A of Income Tax Act, 1961 pursuant to business reorganisation. As per the newly inserted Rule 12 AD, the modified return of income to be furnished by a successor entity to a business reorganisation, as referred to in Section 170A, shall …

5.83 Crore Income Tax Returns Filed Till July 31, Record 72.42 Lakh On Last Day
2 years, 4 months ago

5.83 Crore Income Tax Returns Filed Till July 31, Record 72.42 Lakh On Last Day

ABP News  

New Delhi: A record 72.42 lakh income tax returns were filed on the last day of such filing on July 31, taking the cumulative returns to 5.83 crore, near to the same levels of last year. "The surge of filing ITRs peaked on July 31, 2022 with over 72.42 lakh ITRs being filed on a single day," an official statement …

ITR: Are you a salaried employee? You should use this form for income tax return
2 years, 4 months ago

ITR: Are you a salaried employee? You should use this form for income tax return

Hindustan Times  

Have you filed your income tax returns yet? The Narendra Modi has said it is not considering extending the last date for filing income tax returns, i.e July 31. The income tax department on Monday said more than three crore returns have been filed through the e-filing portal till date for the financial year 2021-22. In the last fiscal year, …

Income Tax Return Filing FY22: ITR 1 to ITR 7, Have you Selected Correct ITR Form for AY 2022-23?
2 years, 5 months ago

Income Tax Return Filing FY22: ITR 1 to ITR 7, Have you Selected Correct ITR Form for AY 2022-23?

News 18  

July 31 is the last date for filing income tax return for the assessment year 2022-23 or financial year 2021-22. Who Can’t File ITR 1 Form or Sahaj – Non-residents or residents but non-ordinarily residents – Hindu Undivided Family – Ordinarily residents having total income of more than Rs 50 lakh – Director in a company – Those who hold …

No plan to extend deadline for filing income tax returns: Government
2 years, 5 months ago

No plan to extend deadline for filing income tax returns: Government

India TV News  

The government is not considering extending the last date for filing income tax returns as it expects most returns to come in by the due date of July 31, a top official said on Friday. Revenue Secretary Tarun Bajaj said over 2.3 crore income returns were filed by July 20 for fiscal 2021-22 and the numbers are picking up. The …

Income tax return: Eligibility, important documents for filing ITR-1 form
2 years, 5 months ago

Income tax return: Eligibility, important documents for filing ITR-1 form

Live Mint  

Income tax return: The due date for income tax return filing for FY 2021-22 and the Assessment Year or AY 2022-23 is 31st July 2022. As, majority of the earning individuals file ITR-1 form, it is very important for the taxpayer to know the important documents that one must have in hand during its ITR filing. On who can file …

ITR filing for FY 2021-22: Documents required to file your Income Tax Return
2 years, 5 months ago

ITR filing for FY 2021-22: Documents required to file your Income Tax Return

India Today  

The last date to file Income Tax Return for FY 2021-22 is July 31, 2022. The procedure of filing an Income Tax Return varies as per the income earned per year and income source like salary, business profit, investment profit and so on. Generally, the required documents are Copy of PAN card, Copy of AADHAR card, Bank Statement / Bank …

Income Tax Return filing | Last date, details on new forms & complete checklist
2 years, 5 months ago

Income Tax Return filing | Last date, details on new forms & complete checklist

Hindustan Times  

Income Tax return filing for Assessment Year 2022/23 is now available on the government's e-filing portal. As per Income Tax Act provisions, the last date to file ITR for AY 2022/23 is July 31, 2022. Representative image ITR filing for AY 2022/23 | What's new and how to file income tax returns: New forms: The income tax department has notified …

Income Tax filing: How to download ITR forms
2 years, 6 months ago

Income Tax filing: How to download ITR forms

India Today  

The Central Board of Direct Taxes has issued a notification for forms required for Income Tax Return filing. Taxpayers can download ITR forms SAHAJ ITR-1, ITR-2, ITR-3, SUGAM ITR4, ITR-5, and ITR-6. You can download ITR 2 form https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr2_english.pdf ITR 3 ITR-3 is filed by people having income as profits from business or profession. Download ITR 3 form at https://www.incometaxindia.gov.in/forms/income-tax%20rules/2022/itr3_english.pdf …

Income Tax Department notifies ITR forms | Check details
2 years, 8 months ago

Income Tax Department notifies ITR forms | Check details

India Today  

The Income Tax department has notified forms for filing Income Tax returns for financial year 2021-22. ITR FOMR 3, 5 ITR-3 is filed by people having income as profits from a business/ profession, while ITR-5 is filed by a corporate body limited liability partnership. While the ITR-1 form has been kept broadly the same as last year, the new addition …

Income tax alert: Important updates for taxpayers
2 years, 8 months ago

Income tax alert: Important updates for taxpayers

India Today  

The Central Board of Direct Taxes has made a number of important announcements for income taxpayers. The CBDT has extended the last date for filing of Form No 10AB, relaxed provisions of ax Collected at Source under Section 206C of IT Act, 1961, and entered into 62 Advanced Pricing Agreements in financial year 2021-22 with taxpayers. pic.twitter.com/SkMap3ciSt — Income Tax …

ITR last date: Taxpayers must file income tax returns by March 15
2 years, 9 months ago

ITR last date: Taxpayers must file income tax returns by March 15

India Today  

The income tax department has an important update for taxpayers. Pl visit: https://t.co/GYvO3n9wMf #ITR #FileNow pic.twitter.com/etNHD5mIvy — Income Tax India March 14, 2022 ITR FILING LAST DATE The last date for filing ITR for auditable cases for 2021-22 is March 15. "The extended due date to file ITR for this category for AY 2021-22 is 15th March, 2022," Income Tax …

No proposal to extend last date for ITR filing: Govt
2 years, 11 months ago

No proposal to extend last date for ITR filing: Govt

India TV News  

Highlights Taxpayers must note that the official deadline for filing of income tax returns remains Dec 31, 2021 5.62 cr ITRs have been filed till December 31, according to the government data ITR verification deadline extended till February 28, 2022 for FY20 The Centre on Friday said that the last date for filing income tax return will not be extended. …

ITR filing for financial year 2020-21
3 years, 1 month ago

ITR filing for financial year 2020-21

India Today  

The Income Tax Return is an annual ritual for the citizens of India and the other taxpayers of the country. The majority of taxpayers must have filed an Income Tax Return whereas a certain ratio of them is yet to file the returns. The deadline to file an income tax return for FY 2020-2021 is for three months to December …

More than two crore ITRs filed on new income tax portal; CBDT urges taxpayers to file returns at earliest
3 years, 2 months ago

More than two crore ITRs filed on new income tax portal; CBDT urges taxpayers to file returns at earliest

Firstpost  

Asking taxpayers to file their income tax returns for fiscal 2020-21 at the earliest, the Central Board of Direct Taxes said all ITRs have been made available for e-filing. New Delhi: The income tax department on Thursday said more than two crore ITRs for the financial year 2020-21 have been filed so far and the performance of the new I-T …

ITR filing for FY 2020-21: Documents required to file your Income Tax Return
3 years, 2 months ago

ITR filing for FY 2020-21: Documents required to file your Income Tax Return

India Today  

The government has extended the deadline to file an income tax return for the assessment year 2021-22 to January 31, 2021. The procedure of filing an Income Tax Return varies as per the income earned per year and income source like salary, business profit, investment profit, and so on. Check here the details of the documents needed for filing Income …

ITR 2021: Top apps to file Income Tax Return online
3 years, 2 months ago

ITR 2021: Top apps to file Income Tax Return online

India Today  

The government has extended the deadline to file an income tax return for the assessment year 2021-22 to December 31, 2021. The Clear Tax app asks users to select and upload an appropriate form to file the IT return on the basis of the answers. It is easy to file ITR using the clear tax app. It also assigns tax …

Finance Ministry Extends Due Date For Filing Of Income Tax Returns (ITRs) For FY 2020-2021 To December 31
3 years, 3 months ago

Finance Ministry Extends Due Date For Filing Of Income Tax Returns (ITRs) For FY 2020-2021 To December 31

Live Law  

The Central Board of Direct Taxes today extended the due date of filing of income-tax returns and various reports of audit for the Assessment Year 2021-22 yet again and now, the new ITR filing deadline is December 31, 2021.Earlier, it was extended from July to September and now, the same has been extended to December 31, 2021.The same has been …

Income Tax Return Filing Deadline: CBDT Extends Due Date of Various ITR e-filing Forms
3 years, 3 months ago

Income Tax Return Filing Deadline: CBDT Extends Due Date of Various ITR e-filing Forms

News 18  

What comes as a big relief to taxpayers in India, the Finance Ministry had announced that it would be extending the deadlines for e-filings of various income tax returns forms that come under the ambit of the Income-Tax Act, 1961. 15CC to be furnished by authorized dealer in respect of remittances made for the quarter ending on 30th June, 2021, …

Govt Notifies Income Tax Returns Forms for 2020-21, Here's All You Need to Know
3 years, 8 months ago

Govt Notifies Income Tax Returns Forms for 2020-21, Here's All You Need to Know

News 18  

The Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal, the Central Board of Direct Taxes said on Thursday. Similarly, Sugam can be filed by individuals, Hindu Undivided Families and firms having total income up toRs 50 lakh and income from business and profession computed under the presumptive taxation provisions. Those individuals earning between Rs 2.5 …

Govt Notifies Income Tax Returns Forms for 2020-21
3 years, 8 months ago

Govt Notifies Income Tax Returns Forms for 2020-21

News 18  

The Income Tax department has notified forms for filing I-T returns for 2020-21 fiscal, the Central Board of Direct Taxes said on Thursday. Similarly, Sugam can be filed by individuals, Hindu Undivided Families and firms having total income up toRs 50 lakh and income from business and profession computed under the presumptive taxation provisions. Those individuals earning between Rs 2.5 …

Income Tax Return or ITR forms for AY 2021-22 issued. Details here
3 years, 8 months ago

Income Tax Return or ITR forms for AY 2021-22 issued. Details here

Live Mint  

The Central Board of Direct Taxation has notified new income tax return forms — ITR-1 to ITR-7 — for the assessment year 2021-22, the ministry of finance said in a release on 1 April. "Keeping in view the ongoing COVID-19 crisis and to facilitate the taxpayers, no significant change have been made to the ITR forms in comparison to the …

More Than 5.95 Crore Income Tax Returns Filed This Year
3 years, 11 months ago

More Than 5.95 Crore Income Tax Returns Filed This Year

News 18  

Income tax returns filed this year have risen by about 5 per cent to nearly 6 crore as more businesses and entities filed annual income statements. Over 5.95 crore income tax returns for the fiscal year ended March 31, 2020 were filed by January 10, the Income Tax Department said. The tax department in a tweet said 5.95 crore ITRs …

Income Tax Returns: Over 5.27 crore ITRs filed for fiscal 2019-20 till Jan 7
3 years, 11 months ago

Income Tax Returns: Over 5.27 crore ITRs filed for fiscal 2019-20 till Jan 7

India TV News  

More than 5.27 crore income tax returns for fiscal year 2019-20 have been filed till January 7, the Income Tax Department said on Friday. "More than 5.27 crore Income Tax Returns for AY 2020-21 have already been filed till 07th of January, 2021," the Income Tax Department said in a tweet. About 2.8 crore ITR-1 returns have been filed till …

Over 4.84 crore Income Tax Returns for 2019-20 Filed Till Dec 31, Says IT Dept
3 years, 11 months ago

Over 4.84 crore Income Tax Returns for 2019-20 Filed Till Dec 31, Says IT Dept

News 18  

Over 4.84 crore income tax returns for fiscal year 2019-20 have been filed till December 31, 2020, the Income Tax Department said on Friday. ”Over 4.84 crore Income Tax Returns for AY 2020-21 have already been filed till 31st of December, 2020,” the Income Tax Department tweeted. Over 2.65 crore ITR-1 have been filed till December 31, 2020, lower than …

ITR Filing FY 2019-20: CBDT Extends Deadline from December 31, 2020 to January 10, 2021
3 years, 11 months ago

ITR Filing FY 2019-20: CBDT Extends Deadline from December 31, 2020 to January 10, 2021

News 18  

ITR Filing FY 2019-20: The Central Board of Direct Taxation on Wednesday extended the dates for furnishing returns in view of the challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19. The due date for furnishing of income tax returns for the financial year 2020-21 for the taxpayers, who are required to get their accounts audited, …

Income Tax Returns: Over 4.54 crore ITRs filed for fiscal 2019-20 till Dec 29
3 years, 11 months ago

Income Tax Returns: Over 4.54 crore ITRs filed for fiscal 2019-20 till Dec 29

India TV News  

With just two days left for the deadline for individuals to file income tax returns to end, the IT department on Wednesday said more than 4.54 crore tax returns for 2019-20 fiscal have been filed till December 29. "More than 4.54 crore Income Tax Returns for AY 2020-21 have already been filed till 29th of December, 2020," the I-T department …

Income Tax Returns: Over 4.15 crore ITRs for fiscal 2019-20 filed till Dec 26
3 years, 11 months ago

Income Tax Returns: Over 4.15 crore ITRs for fiscal 2019-20 filed till Dec 26

India TV News  

Over 4.15 crore taxpayers have already filed their income tax returns for assessment year 2020-21 till December 26, the Income Tax Department said on Sunday. As the deadline to file ITR by individuals nears, the tax department also urged people to file their ITR for assessment year 2020-21 early to avoid last minute rush. "More than 4.15 crore Income Tax …

ITR 2019-20 filing last date till 31 December: Here's the list of documents and steps to file income tax returns online
4 years ago

ITR 2019-20 filing last date till 31 December: Here's the list of documents and steps to file income tax returns online

Firstpost  

With the ITR filing last date approaching closer, taxpayers, who are yet to file returns, should do it as early as possible to avoid any last-minute rush or error. The last date to file income tax return for the financial year 2019-2020 is 31 December 2020. As per a report by The Indian Express, to file income tax correctly, Form …

Income Tax Returns: Check Revised Instructions for Form 2,3,5,6,7
4 years ago

Income Tax Returns: Check Revised Instructions for Form 2,3,5,6,7

The Quint  

To help taxpayers and make income tax filing experience smooth, the Income Tax Department has made significant changes to the taxation structure. Below are the form-wise instructions issued by the Income Tax Department to fill the ITRs: ITR-2 Eligibility – For an Individual or HUF not eligible to file ITR-1 and not having income from business or profession. ITR-3 Eligibility …

ITR Filing for 2019-2020: Here is All You Should Know About Income Tax Returns
4 years ago

ITR Filing for 2019-2020: Here is All You Should Know About Income Tax Returns

News 18  

Every salaried person in India pays a certain amount of money in the form of tax, out of their salary, to the Income Tax Department of India, a government institution. The Direct Tax is paid by every earning entity, including individuals, firms, businesses, companies, Hindu Undivided Family, Body of Individuals and Association of Persons. The Income Tax is paid every …

ITR Filing: Importance of Form 26AS, key changes for AY 2020-21
4 years, 1 month ago

ITR Filing: Importance of Form 26AS, key changes for AY 2020-21

India Today  

The Central Board of Direct Taxes has notified two Income Tax return forms for the assessment year of 2020-21. Importance of Form 26AS: Form 26AS helps you verify the tax credits and computation of income before filing the income tax return. Apart from this, Form 26AS also reflects details of Annual Information Return, which is filed by different entities based …

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