If you are making any drastic changes, make sure there is adequate documentation
NRIs could run into difficulties if they possess discontinued currency notes amounting to a high value.
Whether you give stocks held for more/less than a year, benefits are nominal; donating cash is better.
Domestic I-T laws require you to deduct tax on software, e-books and music albums; must report every such transactions while filing returns.
I-T dept will soon issue a unique number to address your refunds and grievances. But the traditional route is still better.
The new penalty regime could create a fresh set of complications for tax payers.
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