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Do not file income tax returns for AY 2022-23 before June 1, 2022

Do not file income tax returns for AY 2022-23 before June 1, 2022: The Income Tax Department has released Income Tax Return (ITR) forms for FY 2022-23. The Central Board of Direct Taxes (CBDT) issued a circular in this regard, notifying new ITR forms 1 to 6. With this assessees can file IT returns for the AY 2022-23. It should be noted, however, that the deadline for filing TDS returns is May 31, 2022. Only the 26AS will be updated after that. Employers would not be able to give Form 16A to those who had TDS deducted in Q4 FY22 unless they file a TDS return.      Read More