Updated ITR Filing 2022: The Income Tax Department recently announced a new form for filing of Updated Income Tax Returns. A new concept of updated return was introduced in Budget 2022. It allows taxpayers to amend their ITRs within two years from the end of the relevant assessment year. The new pro...

Tax planning is a vital part of financial roadmap of an earning individual. A well thought-out tax plan ensures savings on taxes while simultaneously conforming to the legal obligations and requirements under the I-T laws. The primary objective of tax planning is to save money and mitigate one&#8217...