(DOWNLOAD) "FAQs on Income-tax Returns for Assessment Year 2020-21" by Taxmann # eBook PDF Kindle ePub Free
eBook details
- Title: FAQs on Income-tax Returns for Assessment Year 2020-21
- Author : Taxmann
- Release Date : January 09, 2020
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 3574 KB
Description
The Central Board of Direct Taxes (CBDT) has notified 7 Income-tax Return (ITR) Forms. These ITR Forms will be applicable for the Income-tax return to be filed in respect of Assessment Year 2020-21. This publication contains 74 important FAQs to assist the taxpayers and tax professionals to file the accurate return of income.
Some of the key FAQs are as under:
• Classification of ITR forms based on Income and assessee;
• FAQ on how to exercise the option for lower tax regime under section 115BAA and 115BAB;
• FAQ on how to determine the residential status if assessee couldn’t travel due to Covid-19;
• FAQ on exemptions and deductions to be available for the expenses or investments made during the extended period;
• FAQ on TDS Mismatch;
• FAQ on the taxability of income of a deceased assessee;
• FAQ on Aadhaar and PAN linking.