Wed, Dec 14, 2016
In a statement on Wednesday, Ministry of Finance said that a 'Revised Return' can only be filed if any person, who has filed a return under section 139(1) of the Act or in response to notice u/s 142(1), discovers any omission or any wrong statement therein.
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Sat, Aug 20, 2016
The highest amount of Rs 12.13 lakh crore IT returns coming from the Business Income group, followed by Salary Income which amounted to Rs 6.26 lakh crore.
Fri, Jul 29, 2016
The Government of India has extended the deadline for filing the income tax returns (ITRs) for people across India to August 5, 2016. Earlier the government had set July 31 as the deadline for filing the income tax returns (ITRs).
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