Question

Find an article in the news about any tax issue that interests you. Write three to four paragraphs summarizing the article; add a paragraph telling what you learned from using our online library.

Provide the link.

Answer 1

Synopsis

The last date of issuing TDS certificates such as Form 16, Form 16A etc has expired on August 15, 2020, for FY 2019-20. However, before you start filing your income tax return (ITR) for FY 2019-20, there are four things you should do.

You now have a little less than three months to complete the income tax return (ITR) filing process for the financial year 2019-20. However, ITR filers can start preparing by collecting TDS certificates, if subject to any TDS, from deductors because the last date for the deductors to issue these certificates for FY2019-20 expired on August 15. Therefore, TDS certificates should now be available from all deductors.

In fact, tax payers can prepare to file their ITR by doing four things. T ..

Read more at:
https://economictimes.indiatimes.com/wealth/tax/tds-certificates-should-be-available-now-4-steps-to-prepare-to-file-income-tax-return/articleshow/77846331.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Read more at:
https://economictimes.indiatimes.com/wealth/tax/tds-certificates-should-be-available-now-4-steps-to-prepare-to-file-income-tax-return/articleshow/77846331.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst