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Income tax message for High Value transaction
I have received a message from IT dept under Project Insight. Interest from banking Co of around 89k was not reflected in form 26as as well so I missed it while filing my returns. I have already received refund on original returns. Should I file revised returns and pay tax on the said income?
Replies (2)
Yes file revised return and include the interest amount of 89K and pay tax liability accordingly before 31.3.21
what is project insight?
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