Annual Information Statement (AIS)

CBDT introduces new performance for taxpayers to substantiate data accuracy

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The Central Board of Direct Taxes (CBDT) has now rolled out a brand new performance in the Annual Info Assertion (AIS) to show the standing of knowledge affirmation course of.  It will show whether or not the taxpayer’s suggestions  has been acted upon by the supply, both, partially or totally accepting or rejecting the identical.  In … Read more

Revenue Tax Dept units high-risk worth evaluation pointers for up to date ITRs, AY 2021-22 submitting deadline March 31

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The Revenue Tax Division has finalized pointers for assessing or re-assessing of high-risk worth in up to date Revenue Tax Returns filed for Evaluation 12 months 2020-21 (Fiscal 12 months 2019-20). In the meantime, the final date to file an up to date Revenue Tax Return for Evaluation 12 months 2021-22 is March 31. Based … Read more