Over 63 L ITRs Filed till 10 pm on Last Day
The deadline for filing I-T returns by those taxpayers who do not have to get their accounts audited for the fiscal that ended on March 31, 2022 was Sunday. Till July 30, more than 5.1 crore tax returns were filed. Over 63.47 lakh income tax returns were filed till 10 pm on Sunday, the last day for […]
Supreme Court permits companies to claim transitional tax credit
By- Sachin Dave ET Bureau In a judgement that could benefit many companies, the Supreme Court ruled on Friday that businesses that were unable to claim tax credits when the indirect tax system switched to the Goods and Services Tax (GST) would be able to do so. A tax credit is a component of a […]