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Report income from all sources while filing IT returns

Report income from all sources while filing IT returns

Saturday, July 15, 2017, 4:49 PM

All the income received from investments, lottery, and commission, should be brought under legal notice. On the other hand, money made from renting out places or income from shares and property gains, must also be reported. Also, professionals who have switched from one company to another must include income from all their employers. Interest income from your savings account is exempt up to Rs.10,000.
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