ITR filing: Disclose these incomes, assets in your tax return

HIGHLIGHTS CBDT has recently extended the deadline for ITR filing to December 31 for the year 2021-22. Taxpayers who file their own return should be aware how incomes from other sources have to be reported in the ITR. The provision for disclosure of assets is applicable for the tax payers whose taxable income exceeds…

Govt need not disclose anything that compromises national security’: SC on Pegasus row

The Centre Tuesday told the Supreme Court that it has “nothing to hide” in the Pegasus row and that the matter concerns “national security.” A Bench headed by Chief Justice of India (CJI) N V Ramana issued a notice to the Centre and said that the government must reply within ten days on allegations…