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New Delhi: With stricter checks and new rules for tax returns, more and more people in India are running into trouble with their Income Tax Returns (ITR). Many are getting notices about "defective returns" under Section 139(9) of the Income Tax Act. This can mean delays in getting your refund, possible penalties, or even your return being declared invalid if you don't fix the problem quickly. One common issue is with the ITR-1 form. In the past, if you had any capital gains (even if they were t ...Read More >
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