Facing Income Tax Demand Notices for Short-Term Gains? Here’s What You Need to Know
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By Nagaraju
- In ITR file
If you’ve received a demand notice from the Income Tax (I-T) department for short-term capital gains (STCG), you’re not alone. Recently, many taxpayers—particularly those with stock market transactions—have been served tax notices demanding payments on their equity gains. The reason behind this? A misunderstanding of the Section 87A rebate by the I-T department has left […]
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