Income Tax Dept warns public against cash dealings of Rs 2 lakh or more saying that the receiver of the amount will have to cough up an equal amount as penalty.

Reduction of time limit for verification of ITR from 120 days to 30 days

DGIT (S) Notification No 5/2022 dated 29.07.2022 issued for Reduction of time limit for verification of ITR from 120 days to 30 days of transmitting the data of ITR electronically. 

This notification will come into effect from 01.08.2022.

 Click here for complete notification

Share This!



No comments:

Post a Comment