Avoid Rs 10 lakh income tax penalty! Complete this in ITR by Dec 31
India's tax department has clarified reporting rules for foreign income and assets. Non-disclosure invites hefty penalties under the Black Money Act, including a potential Rs 10 lakh fine and legal action.
India's tax department has clarified reporting rules for foreign income and assets. Non-disclosure invites hefty penalties under the Black Money Act, including a potential Rs 10 lakh fine and legal action.
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