Introduced in 2021, the AIS gives a snapshot of financial transactions—ranging from securities and mutual funds to property deals and fixed deposits—during a fiscal year, sourced from multiple reporting entities …
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India NewsPolitics
Charitable and religious trusts, research institutions to face increased I-T scrutiny
by AutoTrendlyby AutoTrendlyNEW DELHI : Income tax return (ITR) forms of charitable trusts and research institutions that have wrongfully claimed tax exemptions, as well as entities and individuals that have had repeated …