Tax avoidance is lawful; Tax avoidance is criminal

By |2021-09-01T07:54:10+00:00September 1st, 2021|Categories: ITR Filing|Tags: , , , , , , , , , , , |

Tax Avoidance and Tax Evasion are two idioms that serve a common motive i.e ‘To lessen the amount of tax from person, firm or any legal entity’s earnings” but one dissimilarity which can be drained from these two conceptions is that one focus to do it in a legal manner and other seek for an illegal [...]

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Forms for AY 2021-Issued Return of income tax return

By |2021-06-19T06:27:06+00:00June 19th, 2021|Categories: ITR Filing|Tags: , , , , , , , , , , |

In a form called 'Income Tax Returns,' taxpayers report revenue (Income-Tax Return). The Central Government prescribes this form annually. It takes into account annual changes in the budget. New ITR forms were notified on 31 March 2021 for the 2020-21 financial year (the assessment year 2021-22). These forms must be submitted with returns for the current [...]

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