Income tax: Taxpayers need to complete this compliance by March 311 min read 11 Mar 2022, 11:15 AM IST
Failing to meet the deadline of this income tax compliance may lead to additional income tax outgo or lower income tax refund amount
Income tax department has issued reminder to the taxpayers whose cases are under scrutiny. The state agency, which undertakes direct tax collection of the Government of India (GoI) asked such taxpayers to comply with the notices issued to them by 31st March 2022. Failing to meet the deadline of this income tax compliance will lead to 'best judgement assessment' based on the documents available to the department.
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