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.
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