The tax department said in a notification issued on Saturday that it will start an 11-day e-campaign starting from 20 July to reach out to those taxpayers who have done a high-value transaction in the financial year (FY) 2018-19 but have not filed the income tax return. Also, those who have filed the tax return but the high-value transaction conducted by them is not in line with the tax return filed, they will be given an option to rectify their tax returns. The 11-day campaign will end on 31 July, 2020, the last date for filing the income tax return for FY 2018-19.
Latest article
Applying for Ayushman Bharat Card 2024: Online Process, Benefits, and Details
In 2018, the Indian government launched the Ayushman Bharat Yojana, a national health insurance program that guarantees health care for all eligible...
What are the Benefits of Linking RuPay Credit Cards to UPI?
UPI, or Unified Payments Interface, is one of the government’s biggest wins in promoting easy cashless transactions. People execute billions of transactions...
Connect PAN-Aadhaar To Avoid TDS Penalty Till May 31 – Here’s How
The Income Tax Department has extended the deadline for imposing penalties on taxpayers who failed to link their Permanent Account Number (PAN)...