In the frenzy to meet the July 31 deadline for filing income tax returns for the financial year 2021-2022, memes are providing some much-needed comic relief on social media
Moneycontrol’s Preeti Kulkarni spoke to chartered accountant Vaibhav Sankla, Principal, Billion Basecamp Family Office to understand what this means for those who have chosen the new regime in financial year 2020-21 and will be filing returns now
The due date of furnishing of Return of Income for the Assessment Year 2021-22 was July 31, 2021; it has now been extended to December 31, 2021.
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.
Missing the deadline means a possible fine. It also deprives the income tax assesses of certain benefits.