After the much publicised e-filing portal went live on June 7, many IT filers faced technical hiccups
The Direct Taxes Professionals Association (DTPA) has urged Finance Minister Nirmala Sitharaman for extension of date of furnishing of tax audit report under section 44AB to February 28
His net worth is based chiefly on the value of his office and commercial property holdings, minus debts that were already known
Change in rule 44G of MAP calls for mutually resolution of tax disputes as agreement between India and the other nation, within 24 months
Small taxpayer given relief from filing annual tax returns
Timely filing of return is strongly recommended as the tax authorities have the power to initiate prosecution proceedings
This new proposal is the extension of the existing e-proceeding which do not have the option of manual tax filing
It's better to inform new employer about income earned and deduction availed with the previous one