The income tax department to implement pre-filled income tax returns from the year 2020 making the return filing and refund process a one-day affair. The cabinet last day cleared an ambitious Rs 4,242-crore project for integrated e-filing and centralised processing. The project will reduce the return processing and refund time from the current average of […]
The post Income Tax Returns filing and Refund is a One-day Affair from 2020 appeared first on Taxscan | Simplifying Tax Laws.
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