CBDT notifies New Rules for Retrospective Tax Disputes Settlement [Read Notification]

The Central Board of Direct Taxes (CBDT) has notified the Relaxation of Validation (section 119 of the Finance Act, 2012) Rules, 2021 for settling the controversial retrospective tax disputes. The Relaxation of validation (section 119 of the Finance Act 2012) rules 2021 seeks to extend the conditions, form, and manner of settling retrospective tax cases […]
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