Allahabad HC: Employees of Constituent Institutions are not Entitled to Central University Benefits  ||  Calcutta High Court: Juvenile Accused Eligible to Apply for Anticipatory Bail under Section 438 CrPC  ||  J&K & L HC: Departmental Proceedings Not Halted by Pending Criminal Case Without Showing Prejudice  ||  Cal HC: CESTAT Appeals Abate After Resolution Plan Success; CENVAT Reversal Requires No Pre-Deposit  ||  Bom HC: SEBI Settlement Doesn’t Protect Accused from Criminal Liability in Serious Economic Offences  ||  SC Directs States to Notify Eco-Sensitive Zones Around Tiger Reserves and Regulate Tiger Safaris  ||  SC: Its 2024 Order Letting Union Review Benami Act Cases Based on 'Ganpati Dealcom' was Incorrect  ||  SC: Rejection of Income Tax Settlement Application Doesn’t Bar Assessee from Contesting Assessment  ||  SC Informed Accessibility Facilities for Visually Impaired Candidates in AIBE and CLAT Expected Soon  ||  Supreme Court: Pendency of Writ Proceedings Does Not Bar Availing Alternative Statutory Remedies    

#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