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Rebate under section 87A of Income Tax Act, 1961

Introduction: In India, tax planning has been one of the most worrisome factor for common individuals and corporates who are not well aware of the benefits available to them. However, government of India has given certain special benefits to Individuals for reducing...

Defective Income Tax Return and its reasons

Defective Income Tax Return:Filing of Income Tax Return every year is the compliance every person must undertake if he falls within the specified category of Income Tax. In India, every person who is liable to file Income Tax Return faces the challenge of correctly...

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