Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
The GoI notified the final deadline of 30 April 2025 for filing declarations under the Direct Tax Vivad se Vishwas Scheme, 2024, as per section 90 of Finance (No. 2) Act, 2024. Declarants must submit tax arrear declarations to the designated authority by the specified date, exercising powers under section 89(1)(l). The notification, issued by the Central Board of Direct Taxes, establishes the conclusive timeline for taxpayers seeking resolution of pending tax disputes through the scheme.
The GoI notified the final deadline of 30 April 2025 for filing declarations under the Direct Tax Vivad se Vishwas Scheme, 2024, as per section 90 of Finance (No. 2) Act, 2024. Declarants must submit tax arrear declarations to the designated authority by the specified date, exercising powers under section 89(1)(l). The notification, issued by the Central Board of Direct Taxes, establishes the conclusive timeline for taxpayers seeking resolution of pending tax disputes through the scheme.
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