In Entwicklung
Business·6.7.2026KI-Zusammenfassung
New 'Other Income' Column in ITR for AY 2026-27: Voluntary Disclosure of Exempt Income
The ITR filing for AY 2026-27 introduces an 'Other Income' column under the Exempt Income Schedule, allowing taxpayers to voluntarily disclose non-taxable receipts like rural agricultural land sales or gifts. Experts advise this proactive reporting to prevent tax notices and record mismatches.
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Economic Times3 Min. Lesezeit
