Income Tax (I-T) department released a statement recently saying that the taxpayers must e-verify their return as soon as they can. This is because an income tax return (ITR) is not considered ...
"The Central Board of Direct Taxes ('CBDT'), in the exercise of its powers under section 119 of the Income-tax Act,1961 ('the Act'), extends the last date for furnishing belated return of income ...
You might need to complete a tax return for a number of reasons – for instance, if you are self-employed, if you need to pay the “high income child benefit charge”, or if you run a business.