Hotel Bills, Property Tax, School Fees will now reflect in your ITR: Income Tax Form 26AS

Funds Instructor15 Aug, 2020News

PM Narender Modi launched the �Transparent Taxation� platform which aimed to improve tax compliance, reduce the scope for corruption by officially, faceless assessment and ease of filing returns. The central government has also proposed with an ambition to minimize the threshold of several transactions for tax disclosure. The main object of the �Transparent Taxation� platform is to be widening the income tax base and checking tax evasion.