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Policy● Neutral for Indian equities
Missed ITR deadline and want to claim a refund? What happens if you have an outstanding tax demand
The brief
- Missing the ITR filing deadline does not rule out claiming a refund for excess tax paid
- Buying property from an NRI gets easier from October 1: Check key rule changes for residents and HUFs
- PAN-based TDS reporting eases compliance for NRI property purchases from October 1
- Buyers of property from non-residents can use PAN and Form 141 for TDS