E-Filing to be introduced for Indian corporates

The government of India is set to introduce e-filing system for Indian corporates for tax payments. Following this system is mandatory for firms but voluntary for other classes of tax payers.

 The Central Board of Direct Taxes issued a circular which serves as a guidance note for corporate tax payers which will insure that their interaction with taxman will be reduced considerably. Firms need not attach audit reports along with their tax return, barring those with annual turnover of over Rs.40 Lakh.

"Exciting news! Elets eGov is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest insights!" Click here!
Be a part of Elets Collaborative Initiatives. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook , connect with us on LinkedIn and follow us on Twitter , Instagram.