Amnesty scheme for deemed withdrawal of assessment orders extended to allow returns with interest and late fee The notification substitutes the deadline of 30th June, 2023 with 31st August, 2023 and deems the amendment effective from 30th June, 2023. It implements an amnesty scheme allowing specified registered persons to secure deemed withdrawal of assessment orders issued under section 62 by furnishing the prescribed return on or before 31st August, 2023 and paying interest due under subsection (1) of section 50 and the late fee under section 47.
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Provisions expressly mentioned in the judgment/order text.
Amnesty scheme for deemed withdrawal of assessment orders extended to allow returns with interest and late fee
The notification substitutes the deadline of 30th June, 2023 with 31st August, 2023 and deems the amendment effective from 30th June, 2023. It implements an amnesty scheme allowing specified registered persons to secure deemed withdrawal of assessment orders issued under section 62 by furnishing the prescribed return on or before 31st August, 2023 and paying interest due under subsection (1) of section 50 and the late fee under section 47.
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