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Reporting to Income Tax Department
Is filling returns means disclosing income to Income Tax Department.
Replies (2)
Quick Summary
Yes, filing of income tax returns is declaring the income earned during the year from different ways like house property, business, capital gains(sale of capital asset), and other sources(interest etc.,)
Yes... I agreed to Mr Vinay Govi.,
ROI is declared our all incomes in the ITR. That's short out future compliance.
ROI is declared our all incomes in the ITR. That's short out future compliance.
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