Monday, February 19, 2024

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.

from Tax-Wealth-Economic Times https://ift.tt/tDMxQmw

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