Tag: ITAT
Posted in Economy
Income Tax Department increases thresholds for filing appeals in tax disputes
September 18, 2024 Leave a Comment on Income Tax Department increases thresholds for filing appeals in tax disputes
The Income Tax Department has raised the minimum threshold for filing appeals in tax disputes, streamlining the process for cases brought before the Income Tax…
Posted in Finance
No Relief In ₹10l Tax Fine For Not Disclosing Foreign Assets
Mumbai: Income tax authorities are increasingly issuing show-cause notices seeking explanations on foreign investments not disclosed in ‘schedule-FA’ in tax returns. A recent order of…