NCLAT: Corporate Debtor’s Guarantor Liability Unchanged Despite Internal Adjustments Among Creditors  ||  NCLAT: Plea under IBC Section 7 Can't Be Restored After Corporate Debtor Pays Principal & Interest  ||  Delhi HC: Wife Can Be Denied Maintenance If She Fails To Submit Latest Salary Slips  ||  Kerala HC: Income of Parent Who Abandoned Family Shouldn’t Count For EWS Reservation Eligibility  ||  Gujarat HC: Writ Courts Interfering in Arbitral Procedure Orders Defies A&C Act’s Purpose  ||  Delhi HC: Plaintiff Doesn’t Have Vested Right to File Rejoinder under CPC  ||  J&K&L HC: Name Change Is Fundamental Right; Boards Must Consider Legal Documents, Not Reject Request  ||  SC: Administrative Delays by State Agencies Must Not Be Condoned  ||  Sc: When Sale Deed Is Void, Possession Suit Follows 12-Year Limitation under Article 65, Not Art 59  ||  SC: Preliminary Inquiry Report Can’t Stop Court from Directing FIR Registration    

#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