Salaried employees! Know these important income tax filing rules
Since the government has extended the income tax return (ITR) filing deadline for FY 2019-20 to 30 November, 2020 from 31 July, 2020 there is a lot of time left for you to file your returns. However, there are some important facts that you should know while filing your tax returns to avoid any problems later
Your salary income is the amount you receive from your employer in cash, kind or as a facility as per the rules. Your salary is governed under Section 17 of the Income-tax Act. Source: Reuters