Income Tax Returns 2021-22

Govt extends deadline for filing of various forms under Income Tax Act


The Finance Minister extended the time limits for the electronic submission of different forms covered in the 1961 Income Tax Act. The reason for extending the Deadline for filing various forms under the Income Tax Act is that several taxpayers reported issues in the New Income Tax Portal.  In this article, you will learn about … Read more

Income Tax Returns 2021-22: Financial Transactions That Will Get Reported To The I-T Department

Income Tax Returns 2021-22 Financial Transactions That Will Get Reported

On 1st February 2021, Annual Financial Statement (Budget) was released by Finance Minister, Nirmala Sitaraman and brought some reform in the ITR Filing. The reform focuses on the listed financial and non-financial bodies to report the transaction of the capital gain and the same should be pre-filled in the Income Tax form. The capital gain … Read more