This will help the taxpayer file I-T return (ITR) correctly and assist the department in detecting discrepancies, if any, in the ITR.
Besides foreign remittances, these new items are interest on I-T refund, dividend from mutual funds (MFs), and purchase of MFs, among others.
Form 26AS will also incorporate information on salary break-up, any deductions to be claimed by the employee, his/her income from other sources and house property, and the overall tax liability, said Om Rajpurohit, director corporate and international tax, AMRG & Associates.
Information about transactions by companies will also be included in the Form to help them file ITR accurately.
In its latest order, the Central Board of Direct Taxes has asked the Directorate of IT(Systems) to upload the new pieces of information in Form 26As.
Diese Geschichte stammt aus der October 28, 2021-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der October 28, 2021-Ausgabe von Business Standard.
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