Tag: Income Tax

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​Explanatory Notes to the provisions of the Finance Act, 2022

​Explanatory Notes to the provisions of the Finance Act, 2022

​Explanatory Notes to the provisions of the Finance Act, 2022 Income Tax department released the Circular regarding Explanatory Notes to the provisions of the Finance Act, 2022 . The Finance Act, 2022 (hereafter referred to as ‘FA 2022’) as passed by the Parliament, received the assent of the President on 30th  March, 2022 and has […]

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Income Tax Return Form Common Draft for Public Consultation

Income Tax Return Form Common Draft for Public Consultation

Income Tax Return Form Proposed Common Income Tax Return Form is now available for public consultation. As per the press release issued by Central Board of Direct Taxes on 1 November 2022 , the CBDT want to reduce the time taken to file income tax return and ease the process to avoid unnecessary hurdles. This […]

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