The Central Board of Direct Taxes (CBDT), guided by a Supreme Court (SC) order issued in April, has sent out comprehensive instructions to tax officials regarding reopening of past cases under the Income-tax (I-T) Act. The instructions dated August 23 — aimed at ensuring a uniform practice — state that there will be no reopening and reassessment of completed cases only where the decision of the appellate authorities has become final.
August 28, 2023 at 02:31AM
from Times of India
https://ift.tt/dNSRWsg
CBDT gives relief, but I-T dept may reopen big old cases
Subscribe to:
Post Comments (Atom)
Is chewing food linked with a long and healthy life?
Chewing food thoroughly is crucial for digestion, nutrient absorption, and overall health. While the ideal number of chews varies, aiming fo...
-
Several notable WWE veterans passed away in 2024, including Sika Anoa'i, Francisco Ciatso, Akebono, Ole Anderson, and Virgil. These wres...
-
A potential collision was averted at Delhi's IGIA when an Indian carrier's A320, arriving from Phuket, slowed down and failed to pro...
-
Horoscope Today: Read daily horoscope predictions for December 7, 2024. Know all about the astrological events and influences that will be a...
No comments:
Post a Comment