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Budget News: During Budget 2024 speech, the Finance Minister Nirmala Sitharaman announced the removal of disputed direct tax demands up to Rs 25,000, aiming to provide relief to income taxpayers. This is expected to benefit approximately 1 crore taxpayers. Find out more details about this announcement here. ....
Income tax department has launched a facility called Demand Facilitation Centre (DFC) for helping people solve their pending tax outstanding demand issues faster. The DFC agents would help the individuals understand the reason behind the tax notice and suggest ways to solve it. Further DFC agents may connect you with the assessing officer (AO) directly too in some cases. ....
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