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Apply for re-computation of income under Rule 132 to avoid tax penalty

Those with income from business or profession, who have availed deduction on cess/surcharge, must do so by March 31

Topics
CBDT | Income tax | tax payment

Bindisha Sarang 



tax
The application for re-computation must be submitted using Form No. 69 on or before March 31, 2023

Rule 132, introduced by the (CBDT), came into effect on October 1, 2022. It deals with the application for re-computation of under Section 155(18). has also notified Form 69 that can be used to apply for re-computation of .

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First Published: Tue, October 04 2022. 18:55 IST

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