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Income tax department expects taxpayers to file correct returns whther they file it in cash or online. (Photo: PTI).

Companies may have to furnish Apr-Sept income estimates to I-T dept

Also, businesses have to specify reason for any reduction in advance tax payment compared to preceding financial year.

19 Sept 2017 7:07 PM IST

The e-filing facility for ITR-1, which is to be enabled from April 1, will have an online tax calculator and ITRs can be filed till the stipulated deadline of July 31.

Tax collection beats estimates

As far as direct taxes are concerned revenue collections upto March, 2017 show a gross collection of Rs 10.09 lakh...

5 April 2017 3:39 AM IST