What is Schedule AL? Guidelines to file Schedule AL in ITR

Filing income tax returns can be a difficult undertaking, especially for people who have a large number of assets and liabilities. The Indian Income Tax Department introduced Schedule AL to…

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FIRC (Foreign Inward Remittance Certificate) in India: Types, Issuance, and Requirements

What is FIRC (Foreign Inward Remittance Certificate)? A FIRC (Foreign Inward Remittance Certificate) is a document that acts as proof of a foreign exchange inflow transaction. In India, approved banks…

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