E-verification of ITR: know about new rules
The e-verification of ITR is mandatory after filing the Income Tax Return for the relevant financial year. What is Income Tax Return? Income Tax Return (ITR) is a form that …
The e-verification of ITR is mandatory after filing the Income Tax Return for the relevant financial year. What is Income Tax Return? Income Tax Return (ITR) is a form that …
Many taxpayers have received financial help from their employers and well-wishers for meeting their expenses incurred for treatment of COVID-19. In order to ensure that no income tax liability arises on this account, it has been decided to provide income-tax exemption to the amount received by a taxpayer for medical treatment from employer or from any person for treatment of COVID-19 during FY 2019-20 and subsequent years.