75-80 lakh PAN holders to benefit from withdrawal of legacy tax demands
Centre will forego demands worth ₹3500 - 3600 crore following the finance minister's announcement.
Centre will forego demands worth ₹3500 - 3600 crore following the finance minister's announcement.
There are a large number of petty, non-verified, non-reconciled or disputed direct tax demands many of them dating back as far back as 1962, says Nirmala Sitharaman.
Warangal authorities' notice follows tax demands worth ₹989 cr issued against insurer earlier.
ICICI Lombard to file appeal against tax demands; ICICI Bank also gets tax demand, penalty worth ₹26.7 cr
Tax demand pertains to "non-payment of GST” on co-insurance premium and re-insurance commission