Mysuru: A one-day outreach programme by the Income Tax (I-T) Department, in association with Mysore Chamber of Commerce and Industry (MCCI), Institute of Chartered Accountants of India (ICAI), Mysuru Branch and Institute of Chartered Tax Practitioners of India (ICTPI), was held at a private hotel on B.N. Road here on Monday.
Joint Commissioner of Income Tax (JCIT), Mysuru, Kalpalatha Rajan, who spoke after inaugurating the programme, stressed on the need for creating more awareness of Income Tax structure and slabs among the citizens. She also explained the salient features of Advance Tax, which is the amount of Income Tax that is paid much in advance rather than a lump-sum payment at the year end.
