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Direct Tax
541 posts
The Direct Tax category Includes the latest tax news related to Income Tax, Income Tax Act 1961. It Covers Judgments or orders from Supreme Court, High Court and Income Tax Appellate Tribunal (ITAT).
Taxpayers Under Litigation Eligible for 50% Settlement Under 2020 Samadhan Scheme, Not Full Payment: MP High Court
The Madhya Pradesh High Court has held that taxpayers whose demands are under litigation at the appellate stage are entitled to benefit from the concessional 50% tax settlement under the MP Karadhan Adhiniyamon Ki Purani Bakaya Rashi Ka Samadhan Adhyadesh, 2020 (commonly known as the Samadhan Scheme).
