Filing of Income Tax Return is not just a statutory compliance for the taxpayers but it also a way of informing the Government about the total income that the taxpayer has earned during a relevant financial year and that he has paid the tax on that income.
Annual Information Statement or AIS is rolled out by the Income Tax Department on the new Income Tax Portal. It is an enhanced version of Form 26AS. Further, it aims …
Important facts about Annual Information Statement Read More »
As per the Income Tax Act, the ITR (Income Tax Return) must be verified within 120 days of filing through submitting ITR-V. In this blog, we will tell what happens …
What happens if ITR is not verified within 120 days? Read More »