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Saturday, September 23, 2023

Adjust past income tax arrears with refund claims, government suggests

The Indian government has suggested that taxpayers can adjust earlier demands with this year's refund claims. The Central Board of Direct Taxes explained that taxpayers can make a representation to agree, disagree, or clarify the status of the demand before the refund is adjusted. This measure aims to facilitate the timely issue of refunds and clean up pending demands.

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Sri Lanka central bank fines Indian Bank

from Business News: Business News, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Bu...