Last Date For Filing Income Tax Return For AY 2021-22
For different taxpayers, the due date varies according to their status under the Income Tax Act.
A New Route of Tax Knowledge
Income Tax Return
For different taxpayers, the due date varies according to their status under the Income Tax Act.
New section 194P of the Income Tax Act will provide conditional relaxation for senior citizens who are aged 75 or above 75 years.
Section 206AB and Section 206CCA – Special provision of TDS and TCS for non-filers of Income Tax Return at Higher Rates.
Section 206AB and Section 206CCA – Special provision of TDS and TCS for non-filers of Income Tax Return at Higher Rates.
Section 194P Conditional Relaxation for senior citizens who are of the age of 75 year or above from filing return of income-tax under Union Finance Bill 2021/ Budget 2021.
Gross Total Income is calculated by adding the income of all of the five heads and to arrive at the total income you must subtract from it the deduction under chapter VIA of the Income Tax Act 1961.
The Gross Total Income is the income you earn by adding all heads of Income e.g. from salary, capital gain, profession and business, house property and other sources income.
The department officials says that further extension would affect the collection of revenue.