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How to file Revised Income Tax Return: Step-by-step guide


How to file Revised Income Tax Return: Step-by-step guide
How to file Revised Income Tax Return: Step-by-step guide
Check here the step-by-step guide to file Revised ITR.
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We often end up making small mistakes while filing an income tax return (ITR). The tax department has a provision that allows taxpayers to rectify any errors made while filing ITR. Section 139(5) of the Income-Tax Act, 1961 allows taxpayers to rectify their mistakes in their original tax returns by filing a revised return.
One should file a revised ITR on or before the completion of the applicable assessment year. Assessment year is the year immediately following the financial year for which the return is filed. ....

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Attention taxpayers! 5 tax-related tasks you need to complete before March 31 deadline


Updated Mar 05, 2021 | 07:26 IST
The end of the financial year 2020-21 is approaching soon. Here are 5 tax-related tasks you need to complete before March 31 deadline
Attention taxpayers! 5 tax-related tasks you need to complete before March 31 deadline 
New Delhi: There are a few tasks that one needs to perform before the 31 March deadline. Many taxpayers would be rushing to make tax-saving investments if they haven’t done already.
Also, the most expensive liability is Government dues! If you owe anything to them, pay it off. The late payment interest, penalty, late fees, etc., are at least twice the interest one pays on bank borrowings. Holding on to Government money does not make sense.  ....

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Las palabras del año

Las palabras del año
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El sentido del 2020

El sentido del 2020
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