Understanding What Is Annual Information Statement And Its Correction Procedures

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According to the Income Tax Department, taxpayers regarding “mismatches” between the data entered in the Income Tax Return (ITR) and the department’s database of specific financial transactions for the assessment year 2021–22 (FY 2020–21) are currently being sent out. The tax department advised taxpayers to examine their Annual Information Statement (AIS) by accessing it via … The post Understanding What Is Annual Information Statement And Its Correction...

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