All you need to know about filing Income Tax Returns
The Hindu
It’s that time of year when salaried class should focus on filing their Income Tax Returns. The due date for filing the returns which would normally be July 31, 2021 has been extended to September 30,
It’s that time of year when salaried class should focus on filing their Income Tax Returns. The due date for filing the returns which would normally be July 31, 2021 has been extended to September 30, 2021 due to the COVID-19 pandemic. The return pertains to the financial year 2020-21 and assessment year 2021-22. Here is all that you need to know. One of the simplest ways is through the New Income Tax portal, which has enabled a JSON utility to file the returns. If a taxpayer downloads the utility and fills the form, they will be able to file the Income Tax Returns. The utility will assist the Assessee by pre-filling the information already available to it. The taxpayer needs to confirm if that information is correct and can proceed to disclose other incomes if any.
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