Permission is granted to enter and examine all buildings and places where the officer has reasonable grounds for believing unreported revenue
The CBDT had extended the last date of filing income tax returns to December 31, 2021.
GSTN in a tweet said that the figure comprises of erroneous data entries made by the tax payers
You may receive a notice in the form of a PDF by email at the address you have registered
A senior citizen taxpayer can file a declaration to ensure that TDS is not deducted from their deposit interest income
Income should first be included in your income, and then the 80TTB deduction can be claimed
When an individual files taxes, he or she may provide fraudulent information in an attempt to reduce or avoid paying.
It is universally true that any simple tax system leads to better compliance and the government must strive for it on both direct and indirect taxes.
A tax return should be filed in the Assessment Year, which is the year after the end of a financial year
The rate of tax and the disclosure in ITR varies depending on whether it is business income or capital gains.