May 2021

ITR or Income Tax Filing Deadline for FY21 (AY 2021-22) Extended

In a major relief to taxpayers, the Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing income-tax returns (ITR) for FY 2020-21 (AY 2021-22) to September 30. “The Central Board of Direct Taxes, in the exercise of its power under section 119 of the Income-tax Act, 1961, provides relaxation…,” the official

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