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Taxpayers, check ITR portal NOW: Pending tax demand up to Rs 1 lakh per individual waived by govt

Income tax outstanding demand: The Central Board of Direct Taxes (CBDT) has stated via a order that the income tax department has started waiving eligible old tax demand. However a maximum ceiling limit per taxpayer/assessee has been set and no outstanding tax demand entries above this ceiling limit would be extinguished. ....

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Withdrawal of small IT demands not to entail credit, refund, says IT Dept

Withdrawal of small IT demands not to entail credit, refund, says IT Dept
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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Consequent to FM's Speech, CBDT Orders Write-off of Small Demands of up to Rs1 Lakh

The Central Board of Direct Taxes (CBDT), in an order last week, has asked the directorate of income tax (DIT) (systems) and central processing centre (CPC) to implement, preferably within two months, remission and extinguishment of small demands outstanding as of 31 January 2024. ....

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Withdrawal of small IT demands not to entail credit, refund, says IT Dept

Withdrawal of small IT demands not to entail credit, refund, says IT Dept
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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