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This article explores the constraints of cash flow statements and their implications in financial analysis.
Filing an ITR after the due date can have serious consequences, such as late filing fees, loss of carry-forward benefits, delayed refunds, interest on outstanding tax liability, penalty, and criminal prosecution. It is important to understand these consequences and to take steps to avoid them.
Advance tax is a type of tax that is paid in installments throughout the financial year rather than as a lump sum at the end of the year. It is intended to help the government collect tax revenue in a more timely manner.
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
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