Views: 1,056 The Income-tax department has collected around Rs 28 crore in taxes after about 1 lakh returns were filed by taxpayers under the newly introduced return filing form called ITR-U, that was notified this year as part of the…
Views: 770 The CBDT issued Income-tax (Eleventh Amendment) Rules, 2022 vide Notification No. 48/2022 dated April 29, 2022 to insert Rule 12AC of the Income Tax Rules, 1962 (“the IT Rules”) for updated return of Income i.e., Form ITR-U under…
CBDT has released draft Form No. 6C (form for inventory valuation report). It is requested that all stakeholders as well as the general public may provide their suggestions / comments on draft Form No. 6C and send them at the email address ustp13@nic.in latest by 31.08.2023.