While filing an income tax return, it’s common for taxpayers to miss some details or make small errors such as incorrect ...
While filing ITR initially, taxpayers can often overlook certain things or make mistakes. However, the mistakes in the ITR filing can be corrected. Under Section 139(5) of the Income Tax Act, 1961, ...
This guide explains that disclosure under Schedule FA is mandatory, even for zero-income foreign accounts or unsold RSUs. Following calendar-year reporting and proper documentation helps avoid ...