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Union minister Anurag Thakur was addressing a press conference after meeting stakeholders from various trades and industries during an interactive session organised by the Income Tax department in collaboration with CII. He also touched upon the government’s recent initiative “Vivaad se Vishwas”, a scheme to settle disputes between the tax men and taxpayers.
Rolling back its week old order, the Income Tax department on Thursday allowed joint owners of single house property to file income tax return using simple Form-1 (Sahaj) or Form-4 (Sugam). On Jan 3, it had debarred those who own house property in joint ownership and those who paid Rs 1 lakh in electricity bills […]