SC: Omitted Relief Barred Despite Liberty to File Fresh Suit under Order 23  ||  SC: Custodial Confession Alone Cannot Justify Preventive Detention  ||  SC: Failure to Pay Balance Sale Amount Can Lead to EMD Forfeiture under Auction Terms  ||  Gujarat HC: CIC Cannot Order Suo Motu Disclosure of PM Modi’s Degree under RTI Act  ||  MP HC: FIR Cannot Be Quashed Merely for Not Specifying Accused’s Role  ||  MP HC: Joint Family Status Alone Does Not Establish Existence of Joint Family Funds  ||  MP High Court Directs State Bar Council to Frame Stipend Guidelines for Junior Advocates  ||  Allahabad High Court: Hookah Bars cannot Operate in UP; Clean Air Prevails over Trade  ||  P&H HC: High Court’s Inherent Powers Cannot Be Used to Entertain a Second Revision  ||  Delhi HC: Magistrate Must Examine Complainant, Hear Accused Before Taking Cognisance    

#Union Budget 2021-2022: Union Government Proposes to Ease Compliance Burden for Filing ITR - (01 Feb 2021)

DIRECT TAXATION

Union Government has proposed to reduce compliance burden on people above 75 years, who get pension and earn interest from deposits, from filing of Income Tax returns. The time limit for reopening an assessment has been reduced from six years to three years.

Tags : UNION GOVERNMENT   UNION BUDGET   COMPLIANCE BURDEN  

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