The tax season starts with the new year and all the salaried and business people scurry around to find the hacks to save maximum tax. The problem with people’s perception is that they tend to think of Income Tax Act as an incomprehensible text which only experts can understand. To some extent it is true, the Income Tax Act, like most of the legal acts, are stuffed with alphanumeric sections, subsections. However, if you know what you want, you can find your way around with some help from the experts.
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