Tax audit deadline has been extended to October 31, 2020. from September 30, 2020.
A taxpayer may not have Form 16 due to reasons such as employer closing operations, employee quitting without completing the exit formalities and when the employer is not traceable.
There are few conditions under which one cannot file ITR 1 even if the individual is a salaried person
Budget 2017 provisions will be applicable from April 1. It is time to realign your money matters accordingly.
Getting your tax refunds in quick time can be easy if you understand the process.
Filing income tax returns before the deadline is a must. However, if you have not here is how to deal with the situation.
Other than reporting your income to the government, there are some additional benefits an individual filing income tax returns.
Missing the deadline means a possible fine. It also deprives the income tax assesses of certain benefits.