Income tax demand of up to Rs 1 lakh/person to be withdrawn

Income tax demand of up to Rs 1 lakh/person to be withdrawn

MUMBAI: Government has begun the process of extinguishment of old outstanding small income tax demands after setting a ceiling of Rs 1 lakh per taxpayer. Taxpayers can check the status of the demands by logging on to the I-T portal.As was mentioned by FM Nirmala Sitharaman in her interim Budget speech, I-T department will withdraw … Read more