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Introduction of updated IT returns, new form 26AS and pre-filling of tax returns have made filing simpler and easier Average processing time has been reduced from 93 days in 2014 to 10 days this year, thereby making refunds faster -Finance Minister Nirmala Sitharaman #Budget2024 #ViksitBharatBudget | Press Information Bureau - PIB, Government of India | Facebook
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Introduction of updated IT returns, new form 26AS and pre-filling of t…
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Introduction of updated income tax returns, a new Form 26AS and prefilling of tax returns have made filing of tax returns simpler and easier. Average processing time of returns has been reduced from 93 days in the year 2013-14 to a mere 10 days this year, thereby making refunds faster- Finance Minister Nirmala Sitharaman #BudgetWithAIR। #Budget2024 । #BudgetSession2024 | #ViksitBharatBudget | All India Radio News
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ITR filing for AY 2020-21: What is new and benefits thereof in Form 26AS? EXPLAINED!
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Form 26AS, What all changes there are in Form 26 AS. Form 26AS is a tax passbook containing all the details of the tax deducted from a person’s income, self-assessment tax and advance tax paid for the relevant year. Similarly, AIS is the extension of Form 26AS. It contains details of the financial transactions that are undertaken by an individual irrespective of whether the tax is deducted or not on that income. It is significant for taxpayers to cross-check the TDS certificates such as Form 16/
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