Return of Income

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Dear Members, I would like to know if any new provision has been introduced in IT Act by which Return of Income is to be filed twice a year? Pl. brief.
Thanks
Replies (2)
Dear Komal,

Yet the I T Dept has not clarified about the half yrly forms. Its just a proposal.

The above scheme to be effective, will take time. Don't worry till IT Dept issues further clarification.

Regards,
Pritam
But it if u r planning to fill d form before new form is notified, U r again liable to fill a new form. so its better for u, not to suggest to ur clients/ for urself not to fill the form until d clarification come from CBDT regarding d same.

Thanks & Regards,

Atul Dafria
e-mail: atuldafria @ rsmin.com

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