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Annual Information Report (AIR). How does it impact to an Individual?

Annual Information Report (AIR), Income TaxBy HimanshiMarch 26, 2015

Annual Information Report (AIR) is an report submitted by specified persons to Income Tax Department about the specific transactions related to an financial year. In simple words, AIR is an report which includes some high value transactions done by a person and it is reported to the Income Tax Dept. It helps IT Dept. to…

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