Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract  ||  SC: GST Exemption on Residential Lease Applies When Building is Sub-Leased for Hostel/PG Use  ||  Rajasthan High Court: Universities Cannot Retain Students’ Original Documents for Pending Fees  ||  NCLT: Damages from Contractual Disputes Cannot Form Basis for Initiating Insolvency Proceedings  ||  Del HC: Pre-SCN Consultation is Unnecessary in Large-Scale GST Fraud Cases with Complex Transactions  ||  Calcutta HC: Unilaterally Appointed Arbitrator Violates Natural Justice and Sets Aside the Award  ||  Raj HC Upholds Padmesh Mishra’s AAG Appointment, Noting Advocacy Skill isn’t Tied to Experience    

#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  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved