Income Tax Rates for Financial Year 2020-21 (Assessment Year 2021-22)
Every Company / LLP registered on or before 31st March has to close its financial year as on 31st March of that year and has to file the returns with Income Tax Department. Non filing of Income Tax Return (ITR) in time will attract interest and penal..
Income Tax Department has introduced the facility for instant allotment of Permanent Account Number (PAN). A person with a valid Aadhaar Number registered with a mobile number can get the PAN instantly.