New ITR Form: Income Tax Department has notified the IT return form for the financial year 2020-21. The Central Board of Taxes (CBDT) has given this information. The CBDT has said that keeping in mind the convenience of Corona epidemic and Taxpayers (Taxpayers), there has not been much change in the new ITR form as …
If your account is in Post Office or you invest in post office schemes then this news is for you only. Now if you withdraw more money than the stipulated amount, then TDS can be deducted on it. This rule of withdrawing money applies to various deposit schemes ranging from PPF. These rules related to …
New Section 115BAC has been introduced in the art which has provided an option to the individual and HUF to opt for the new tax regime which has following key conditions;- This is an optional scheme i.e. assesse may or may not opt for the same. The scheme is for an individual or a Hindu …