The Income Tax documenting season for Assessment Year 2018-19 and Financial Year 2017-18 has begun and citizens’ strains have begun rising! Salary charge is an immediate assessment and is paid by a citizen legitimately to the Government of India. It is compulsory to cover pay government obligation for the individuals who have an assessable salary. Your duty obligation fluctuates relying…
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Cheated in your tax returns? You may end up in jail
It’s 2018 and things have changed, now the taxpayer has to explain all the exemptions claimed by him while reporting his income in Income tax return and not the Tax preparer i.e Chartered Accountant or any other person authorised to prepare ITR. The taxpayer would be the person who would have to answer and explain every deduction he claimed. There…
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