I-T department Archives - 1M1B Changemakers

SC overturns HCs, allows Income Tax department to reopen 90,000 cases – Times of India

Post author:1m1bchangemakers
Post published:October 4, 2024
Post category:Business
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In a landmark judgment, Supreme Court ruled in favour of the income-tax (I-T) department, upholding the validity of nearly 90,000 reassessment notices issued after April 1, 2021, under the old…

New Budget 2024 rule: Why Income Tax Department is likely to issue a huge number of tax notices this month – Times of India

Post author:1m1bchangemakers
Post published:August 1, 2024
Post category:Business
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Income Tax Notice on the way? The Income Tax Department is gearing up to send out a large number of notices in the coming month, as there are concerns that…