The tax filing rush has started with the deadline for filing returns approaching. In order to ensure accuracy, the taxpayer has to have a clear idea of all the transactions . To solve this problem Income Tax department has launched Annual Information statement in November 2021 which has a comprehensive detail of the transactions and tax details.
Why is it important for taxpayer and what all types of transactions it tracks ? Tune in to the podcast to understand the benefits and utility of Annual Information Statement.
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.