Budget 2024: FM announced these changes to make taxpayer’s lives easier, reduce litigation

Budget 2024: FM announced these changes to make taxpayer’s lives easier, reduce litigation

Offering a sense of relief to taxpayers, Union Finance and Corporate Affairs Minister Nirmala Sitharaman in Budget 2024 announced a number of key changes with regards to reopening and reassessment of old income tax returns (ITR) filed by taxpayers. In Budget 2024, Finance Minister Nirmala Sitharaman proposed that reopening and reassessment of income tax returns will be allowed in … Read more