How to handle e-Campaign - Non-filling of Income Tax Return for AY 2020-21
You may get the following message like this from the Tax department.The Income Tax Department has received information on financial transactions/activities relating to XXXXXX729X for Financial Year 2019-20. However, as per records available, you do not appear to have filed Income Tax Return for Assessment Year 2020-21 (relating to FY 2019-20). Some significant information available with the Income Tax Department includes the following:
- Payments received in respect of a contract (TDS Form 26Q, Section 194C).
- Payment received in respect of Fees for professional or technical services (TDS Form 26Q, Section 194J).
Can OCI cardholders sell property in India without RBI permission?
The Overseas Citizen of India (OCI) Cardholder is a foreign national holding passport of a foreign country
and is not a citizen of India, but falls under the definition as per The Citizenship Act, 1955 is entitled
to certain benefits. The benefits are –
1. Grant of multiple entry lifelong visa for visiting India.
However, for the following purposes,
they shall obtain special permission or a Special permit from competent Authority (like Ministry of Home
Affairs), Foreign Regional Registration Officer (FRRO), or the Indian Mission concerned, namely
a. to undertake research
b. to undertake any Missionary or Tabligh or Mountaineering or Journalistic activities
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