Income Tax Assessment
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High Court Rejects Gandhis' Petition Over Income Tax Assessment Transfer
The Delhi High Court today rejected petitions by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra against the Income Tax department's decision to transfer their tax assessments.
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Time Limit For Reopening Of IT Assessment Halved To 3 Years: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years.
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High Court Rejects Gandhis' Petition Over Income Tax Assessment Transfer
The Delhi High Court today rejected petitions by Congress leaders Sonia Gandhi, Rahul Gandhi and Priyanka Gandhi Vadra against the Income Tax department's decision to transfer their tax assessments.
-
Time Limit For Reopening Of IT Assessment Halved To 3 Years: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Monday reduced the time limit for reopening of income tax assessment cases to three years from six years, while for serious tax fraud cases where concealment of income is Rs 50 lakh or more it would be 10 years.
