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IT Releases Set Of FAQs For Tax Payers With IT Return Deadline By July 31
The Income tax department has issued a set of FAQs (Frequently-Asked Questions) regarding tax payment, especially when the deadline is July 31. In the FAQs, taxpayers' queries while filing their ITRs have been answered. It also said that a taxpayer should check their book of records and provide information in the I-T return. The IT officials said, "The DSC should be linked to the PAN of the taxpayer".
Tags: IT-Returns, FAQs, deadline, Income Tax, union ministry
Courtesy: Press Trust of India
Photo: Representational Image / Economic Times
CBDT Extends Deadline for ITR Filing, Self-Assessment Tax Payment
Central Board of Direct Taxes (CBDT) stated that the deadline for filing Income Tax Returns (ITR) has been extended till December 31, 2020. For ITRs which require a report on international and domestic transactions, the deadline has been pushed to January 31, 2021. The extension has been announced for a second time to provide relief to the self-assessment tax payers.
Tags: Income Tax, IT-Returns, Self-Assement Taxes, Finance
Courtesy: Live Mint
