• SENSEX
    NIFTY 50
Finance

IT department may recommend using calendar as financial year, says report

Updated : April 26, 2019 08:47 AM IST

In a letter dated April 24, the department asked the tax officials to give recommendations by May 15 for consideration during the budget presentation for the financial year 2019-20, the report said.
The income tax department has also been given the task of finalising the taxes as part of the budgetary exercise, the report added.
IT department may recommend using calendar as financial year, says report

You May Also Like

Live TV
Advertisement