Tag: tax returns
Posted in Finance
No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets
Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of…
Posted in Finance
83-yr-old Woman, Not Liable To File Tax Returns, Wins Case Against Fine
(This story originally appeared in on Aug 18, 2023) MUMBAI: An 83-year-old widow, who was not liable to file her IT return, has obtained a…