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Blog posts : "section 1431a of income tax act"

New Amendment u/s 143 (1)(a) of Income Tax Act: More clarity required for claiming Refund

August 12, 2017

With the recent amendment under Section 143 (1)(a) of the Income Tax Act, the Department has limited the scope of taxpayers in showing less income than the Form 16 which is issued. The recent escalation of the taxpayers taking credit of House Rent Allowances, Medical Allowances, Leave Travel Allowan…

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