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Not yet filed ITR for FY23? December 31 is your last chance to file belated income tax returns

If you miss the final deadline of December 31, a penalty can be imposed and interest levied ....

Yeeshu Sehgal , Sanjoli Maheshwari , Income Tax Returns , Income Tax Act , Executive Director , Nangia Andersen , Tax Market , Income Tax , Belated Itr ,

Income Tax Department: Discard Income Tax return: 5 things to keep in mind before exercising new option by Income Tax Department

India Business News: Discard Income Tax Return: If you have filed your return, be it original, revised, or belated which is not yet verified, you can avail the facility to ....

Manavi Gupta , Central Processing Centre , Digital Signature Certificate , Vialto Partners , Business News , Income Tax Return , Income Tax Department , Discard It Return , Discard Income Tax Return ,

How to handle tax and ITR filing on property sale

Executing the sale deed at the actual value of the transaction and paying the differential amount of stamp duty in cash may require explanation of the source of the cash. Accepting the money online would still require explanation of the nature of the transaction ....

Capital Gains Account Scheme , Itr Filing On Property Sale , Tax On Property Sale , Circle Rate , Long Term Capital Gains , Income Tax Laws ,

Income Tax department offers 'Discard return' option: When you can use it

The Income Tax Department has launched a new feature dubbed Discard Return wherein individuals could delete their previously submitted income tax return (ITR) and file a completely new ITR. This feature can be used multiple times and is offered at no cost to the taxpayers. Read here to know when can this feature be used and how. ....

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Can non-residents borrow from relatives and deposit in an NRO account without proof of funds?

Non-resident Indians and persons of Indian Origin (POI) can buy residential properties in India without specific permissions from the Reserve Bank of India ....

Indian Origin , Reserve Bank , Companies Act , Nri Buyinga Property In India For Investment Purposes , Nro Account ,