September 2021
The government came up with an amendment in the budget 2021, stating that interest on the employee PF contribution exceeding 2.5Lakhs would be taxable.
October 2021
The New Annual Information Statement rolled out by the IT department provides a comprehensive view of information on various transactions and income to a taxpayer with a facility to capture online feedback.
November 2021
The newly launched AIS includes additional categories of information like savings interest, FD Interest, dividends, securities, MF transactions, and remittances from abroad.
June 2022
Conditions for furnishing compulsory return of Income u/s 139 notified vide rule 12ab – notification no. 37/2022…