Monday, April 29, 2024
HomeDeshdoot TimesReduction in time for income tax proceedings

Reduction in time for income tax proceedings

NASHIK: Corporate rate tax slashed.

  • Return filers saw a dramatic increase; Relief for senior citizens; exemption to senior citizens from filing returns

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  • Reduction in time for income tax proceedings; Reduce the time limt for reopening of assessment to 3 years

  • Dispute resolution committee to be constituted for small tax payers; to make income tax appellate tribunal faceless; Relaxation to NRI

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