P&H High Court: Re-Investigation Cannot Nullify Existing Acquittal Despite Breach of Stay Order  ||  Gujarat HC: Illegal Mining Vehicle Complaints Must Be Filed Before Sessions Court, Not Magistrate  ||  Delhi High Court Lays Down Registry Directions for Dealing with Insufficiently Stamped Arbitral Award  ||  Delhi High Court: Victims Need No Leave to Appeal Acquittal or Conviction for Lesser Offence  ||  SC: Limitation Act Inapplicable to Revisions under Karnataka Land Revenue Act  ||  SC: Banks Can Invoke SARFAESI for Loans Acquired from NBFCs Outside the Act  ||  SC: Gujarat Prohibition Act Does not Bar Interim Seized Vehicle Release  ||  Supreme Court Quashes Rs. 425-Crore Customs Penalty Based on AI-Generated Fake Case Laws  ||  SC: Guilt cannot be Presumed Solely Due to Collusion Allegations against Investigating Officer  ||  SC: Clarificatory Statement Does Not Constitute a Binding Undertaking for Contempt Proceedings    

#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 2026 - All Rights Reserved