Understand Rule 12 of Income Tax Rules wef 29.05.2020 and its impact on ITR and AY 2020-21. Stay updated with the recent amendments.
Due to outbreak of ‘COVID-19’, there is lockdown in the entire country. Everyone is talking about slowdown in the economy due to reduction in demand, lower income levels, job cuts & consequently fall in GDP figures. There is lot of uncertainty how businesses can survive. ‘Uncertainty’ refers to situations involving imperfect or unknown information. It applies to predictions […]