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CBDT notifies new ITR forms for AY 2022-23: Which one you should use? Check details - An assessment year (AY) comes immediately after a financial year (FY). Income of FY 2021-22 will be assessed in AY 2022-23. ....
The government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such transactions in the same manner as it treats winnings from horse races or other speculative transactions. ....
This year's income tax return will be filed for the Assessment Year 2021-22 or FY 2020-21. The ITR this year is applicable for income earned between April 1, 2020 and March 31, 2021. ....
ITR filing comes with several benefits but if done incorrectly, can create a lot of trouble for taxpayers. Here are a few things that need to be kept in mind while filing income tax: ....
Synopsis The new portal will be available on the new hyperlink. The new e-filing portal is aimed at providing taxpayer convenience and a modern, seamless experience to taxpayers, as per the press release. Getty Images A mobile app will be released later as well to enable taxpayers to get familiar with the various features. The income tax department is launching its new e-filing portal, www.incometax.gov.in, today, i.e., on June 7, 2021. The new portal will replace the existing link www.incometaxindiaefiling.gov.in. Abhishek Soni, CEO, Tax2win.in says, At the moment, the income tax website is yet to be launched. Meanwhile, it was opened in the early morning for a few minutes and we have captured glimpses of the new portal. The new portal is user-friendly. There is a user-friendly Help section where videos and content that are useful for taxpayers. There is a Chat option and Helpline numbers as well. ....