ITR Filing- Government extended the period of Vishwas scheme from controversy

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Income Tax Return: Big update for tax payers, Do these 5 things before March 31
Income Tax Return: Big update for tax payers, Do these 5 things before March 31
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According to the notification issued by the department on June 25, the date of 31 August 2021 was fixed for payment of the amount.

Keeping in mind the convenience of the taxpayers, the Central Board of Direct Taxes (CBDT) has extended the period of Vivad Se Vishwas Scheme. This has been extended till 30 September for the financial year 2021. Now people can fill it till this date without paying any extra charges.



Let us inform that according to the notification issued by the department on June 25, the date of 31 August 2021 was fixed for payment of amount. Had it. But people are facing a lot of problems in the new portal. If you are also going to file ITR for the first time, then it would be better to first know what documents you will need. Form 16 is required to file ITR.

This is a very important document for the employed because it is through this that ITR is filed. This form is given by the employer to the employees. This form contains complete information about the salary of the employee and the tax deducted from the salary. It is the responsibility of every employer to issue Form 16 to the employees from whose salary income tax has been deducted.



ITR is mandatory to be filed even if the income is below the taxable bracket
. The income is not in the taxable bracket. If you have paid electricity bills of more than one lakh. Having an aggregate deposit of more than Rs 1 crore in one or more current bank accounts. The aggregate expenditure on foreign travel for himself or any other person exceeds Rs. 2 lakh. It is mandatory for such people to file ITR.

 

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