Income Tax - returns Notified

By Vijay Kumar

LAST year there was a lot of confusion about the last date for filing returns as the Government notified the return forms very late. In VISHAL GARG Vs UoI, the High Court directed the CBDT to to ensure that the forms etc. which are to be prescribed for the audit report and for e-filing the returns should ordinarily be made available on the first day of April of the assessment year.

The CBDT has acted positively and notified the return forms for this year's Income Tax returns.

CBDT Notification No. 24/2016., Dated: March 30, 2016