Handbook on AIS: 57 Types of Income and Expenses to Report for Tax Filing; From I-T Department

The CBDT has released a Handbook on the Annual Information Statement (AIS) detailing 57 types of income and expenses to be reported on the Income Tax Portal. This encompasses various financial transactions such as salary, rent received, dividends, interest income, as well as business expenses and cash transactions. Accurate reporting is crucial for compliance and to assist tax authorities in tax assessment and refunds.

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