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Income Tax Department Sets Rs 1 lakh Threshold Per Assessee for Withdrawal of Old Tax Demands

Published: February 19, 2024

The CBDT order said that such outstanding tax demands pertaining to income tax, wealth tax and gift tax as on January 31, 2024, shall be remitted and extinguished "subject to the maximum ceiling of Rs 1 lakh for any specific taxpayer/assessee"., Personal Finance News, Times Now

Source: timesnownews.com

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