The ‘Jhatpat Processing’ feature would help taxpayers to file their tax returns smoothly. As the deadline for filing the ITR for the 2019-20 tax year or the 2020-21 tax year approaches, the Income Tax Department has created the ‘Jhatpat Processing’ function. The Income Tax Department has introduced a new initiative, …
Read More »Didn’t file your income tax return? Chill out! The expiration date of the ITR is not over yet
As the 2019-20 fiscal year ended in the middle of the full lockdown on March 31, 2020, several compliance dates were extended, including the due date for filing ITR for AY 2020-21. Each year, the due date for filing the income tax return (ITR) used to be July 31 of …
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