Phoenix Auditing

Month: January 2021

Income Tax raid: I-T dept detects Rs 450-crore black money after raids in Kolkata

The Income Tax Department has detected undisclosed income of over Rs 450 crore after it raided some Kolkata-based entities engaged in various businesses The Income Tax Department has detected undisclosed income of over Rs 450 crore after it raided some Kolkata-based entities engaged in various businesses such as running...

What is ITR3 & How to file ITR-3

The Current ITR3 Form is to be used by an individual or a Hindu Undivided Family who have income from proprietary business or are carrying on profession. The persons having income from following sources are eligible to file ITR 3 : Carrying on a business or profession If you...

Check latest ITR filing status message by I-T department

Income Tax ITR Filing: The Income Tax Department has confirmed that over 4.84 crore income tax returns (ITRs) for fiscal year 2019-20 have been filed till December 31, 2020. “Over 4.84 crore Income Tax Returns for AY 2020-21 have already been filed till 31st of December, 2020,” the Income...