Smart Finance, Investment & Budgeting with AI
HRA claims aid: The Central Board of Direct Taxes (CBDT) has clarified that there isn’t a particular drive to reopen instances associated to Home Lease Allowance (HRA) claims. The revenue tax division acknowledged that there isn’t a ongoing particular drive to evaluate mismatch instances. Considerations have emerged about potential retrospective…
MUMBAI: The Central Board of Direct Taxes has expanded a listing of exceptions for submitting of appeals by I-T division with tax tribunals and courts, permitting appeals to be filed even for ‘insignificant’ sums, in line with a current round. CBDT has, nevertheless, maintained the edge limits for submitting appeals.The…
