Procedure and criteria for selection of scrutiny cases under compulsory manual during the financial-year 2013-2014

Procedure and criteria for selection of scrutiny cases under compulsory manual during the financial-year 2013-2014 Certain categories of cases or returns shall be compulsorily scrutinized: a) Where value of international transaction as defined u/s 92B of IT Act exceeds Rs.15 crores. b) Where addition in an earlier assessment year on the issue of transfer pricing […]

What happens if you miss the deadline to file tax returns?

What happens if you miss the deadline to file tax returns? It’s the time when tax returns filing is priority in mind of every taxpayers . Individuals having salary income whose total income exceeding Five Lac mandatory to file efile their income tax Retuns . The due date for salaried people had been extended to […]

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