News From Press New rules seek to make tax return processing, assessments more effective

New rules seek to make tax return processing, assessments more effective

The Income-tax (11th Amendment) Rules, 2020 notified on Thursday will come into force from 1 June

Mint May 29, 2020

Finance ministry on Thursday brought out new rules to give tax payers a more detailed statement about the transactions they have made as part of steps to make tax return processing and assessments more effective.

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