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What is ‘Discard’ return option?

What is ‘Discard’ return option?

  • Admin
There is now a ‘Discard Return’ option on the Income Tax portal which allows the tax payer to discard the unverified return. The option to ‘Discard’ is available for the ITRs filed u/s 139(1) /139(4) / 139(5) if the tax payer do not want to verify it.
Empowering Women: The Benefits of the Women's Reservation Bill, 2023

Empowering Women: The Benefits of the Women's Reservation Bill, 2023

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Gender equality has been a topic of global importance, and India has been actively working toward achieving it in various spheres.
Streamlining Business Transactions: A Comprehensive Guide to GST e-Invoicing

Streamlining Business Transactions: A Comprehensive Guide to GST e-Invoicing

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In the ever-evolving landscape of business and technology, staying ahead of the curve is essential for success.
The Empowering Shield: Benefits of India's Digital Personal Data Protection Act, 2023

The Empowering Shield: Benefits of India's Digital Personal Data Protection Act, 2023

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In the era of the digital age, where personal data is the lifeblood of the global economy, ensuring its protection is paramount.
How to choose between both the tax regimes for salaried taxpayers?

How to choose between both the tax regimes for salaried taxpayers?

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From a tax planning perspective, choosing the tax regime at the beginning ....
The Digital Personal Data Protection Bill of 2022: Safeguarding Privacy in the Digital Age

The Digital Personal Data Protection Bill of 2022: Safeguarding Privacy in the Digital Age

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In an era defined by digital innovation, the protection of personal data has emerged as a critical concern.