Government is trying to provide an opportunity to taxpayers to disclose their income which was previously omitted to be disclosed, and on the other hand will also generate additional revenue for the government. It will facilitate ease of compliance to the taxpayer in a litigation free environment.
source https://www.caclubindia.com/articles/updated-return-advantages-and-disadvantages-46817.asp
source https://www.caclubindia.com/articles/updated-return-advantages-and-disadvantages-46817.asp
Post a Comment
Please drop your feedback, suggestions, query or feedback