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Due Dates for the month of January-2020// Return Due date of filing of Income tax Return and other General F & Q Related to ITR Filling //PAN with Aadhaar linking

Due Dates for the month of January-2020 7th January 2020   Due date for deposit of (TDS and TCS) Tax deducted/collected for the month of December-2019. However,all the sum (TDS or TCS) deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax […]

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What is assessment under of section 143(1) of Income tax Act 1961? ||Scope of assessment under section 143(1)

Scope of assessment under section 143(1) Income Tax Assessment under section 143(1) of IT Act is like preliminary checking of the  Income Tax Return. At this stage no detailed scrutiny of the Income tax return is carried out. At this stage, the total income (profit) or loss is computed after making the following adjustments (if […]