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