1.3K views | For the assessment year 2020-21, the last date to file your income tax returns without penalty is November 30. Moreover, anyone can refile an ITR if there has been a mistake or omission in the original tax return under Section 139(5) of the Income Tax Act, 1961. In this edition of the Explained series, find out how to e-file your return and the mistakes to avoid. Watch the video for more. | moneycontrol.com | Facebook

Different Types of Property Transfers in India — Explained 👇 When ownership of a property changes hands, it can happen in several legally recognized ways: 1️⃣ Sale Deed: A sale involves transfer of ownership for a consideration (payment). Must be registered under the Registration Act, 1908. 2️⃣ Gift Deed: A voluntary transfer without any monetary exchange. Must be executed on stamp paper and registered. Gifts to non-family members may attract tax under the Income Tax Act, 1961. 3️⃣ Relinquishme