CBDT notifies ITR forms for assessment year 2023-24
ITR forms have been notified in advance in order to enable filing of returns from the beginning of the ensuing assessment year.
ITR forms have been notified in advance in order to enable filing of returns from the beginning of the ensuing assessment year.
When compared with the old tax regime, income tax rates under the new proposed tax regime are undoubtedly higher, says Aarti Raote of Deloitte India.
The proposed draft ITR takes a relook at the return filing system in tandem with international best practices, says CBDT.
The I-T Department has directed Infosys to fix the issue relating to the search functionality of the e-filing website.
According to the Income Tax Department, nearly 5.89 crore income tax returns for FY21 (assessment year 2021-22) were filed till the December 31, 2021 deadline.
The Central Board of Direct Taxes (CBDT) had earlier extended the last date for filing ITRs for the assessment year 2021-22 till December 31.