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Users can select the assessment year and net income to avail the facility. Online calculator to compute tax liability on taxable income is provided by the income tax department. He received the intimation under section 143 [1] this evening in just under 10 hours of filing the itr kudos to @incometaxindia well done cc fm @nsitharaman ji
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His return has been processed and there is no payment due. Tax faqs tax charts and tables tax tutorials tax payer charter tax deduction at source (tds) tax help lines tax utilities Neglecting this can lead to penalties and financial issues.
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However, the figures show that the pace of income tax return filing is not what the tax department expected.
