Tax Return

Easing of taxation crucial for financialisation of savings, says Amfi

Only taxpayers with single source of income or simple finances should file early

When the new tax regime under GST was introduced in 2017, several businesses could not file their tax claims due to a lack of clarity on the rules and technical glitches

Here is a quick step-by-step guide on how to file your income tax return (ITR) for the assessment year 2022-23

There are some changes in the e-filing site, ITR Forms for AY 2021-22, as well as in the process of filing returns.

The deadline for filing GST annual return for 2019-20 fiscal has been extended by 2 months till February 28, 2021

Revision has to be done before deadline or completion of assessment, whichever is earlier

However, if the amount is substantial, the I-T department may seek more details