The Central Board of Direct Taxes (CBDT) has notified 7 Income-tax Return (ITR) Forms applicable for the Assessment Year 2020-21. In this article, we have prepared 74 FAQs on filing of ITRs and bifurcated those into various categories. A few questions included in this article are (i) how to opt for lower tax regime? (ii) What would be residential status if NR couldn’t return left India due to COVID-19?
from taxmann.com News https://ift.tt/34Q63QW
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