Intimation of payment
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....timation of such payment made, including interest, if any, shall be furnished along with proof of payment to the income-tax authority electronically in Form 3. Illustration: An undisclosed foreign bank account (FA) exists as on 31st March, 2026. The value of FA on that date is Rs.80 lakh. Therefore, the total amount payable under section 133 (Table: Sl. No 1) of the Act is Rs.48 lakh. Ass....
TaxTMI