taxpayer

CBDT issues Circular for Early & Satisfactory Resolution of Taxpayers’ Grievances

TDSMAN03 mins

CBDT has issued a circular for early & satisfactory resolution of taxpayers’ grievances relating to verification & correction of tax demand outstanding against them. The Income Tax Department has taken note of grievances of taxpayers arising on account of outstanding tax demand which may be inaccurate due to non-reporting or delayed reporting of TDS by…

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Privacy of taxpayer must be respected: CBDT

TDSMAN03 mins

SECTION 138 OF THE INCOME-TAX ACT, 1961 – DISCLOSURE OF INFORMATION RESPECTING ASSESSEES TO SPECIFIED OFFICER, AUTHORITY OR BODY PERFORMING FUNCTIONS UNDER ANY OTHER LAW – DISCLOSURE OF INFORMATION ABOUT TAXPAYERS TO MEDIA OFFICE MEMORANDUM [F.NO.DIR.(HQRS.)/CH.(DT)/29/2014], DATED 1-1-2015 Instances have come to the notice of the Board where information pertaining to individual taxpayers has been…

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