Blog

Scrutiny of Taxpayer by Income Tax DepartmentIncome Tax Scrutiny means calling taxpayers to inquire into Income Tax returns filed during the year if the concerned tax authorities have reason to believe that the expenses and income declared in the returns are dishonest and falsified. The object of scrutiny is to…

Missed filing ITR for the last 2 years? Now taxpayers can file ITR for the last 2 years The Income tax department has introduced a new rule that you can file your income tax return for the last two years. Also, you will have to pay a penalty if you…