While protecting taxpayers from double taxation arising out of procedural lapses under the Income Declaration Scheme (IDS), 2016, the Bombay High Court has directed the Income Tax Department to treat self-assessment tax paid under the Income-tax Act as valid payment towards the revived IDS liability and to issue Form-4 acknowledging acceptance of the declaration. The…
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Bombay HC Bars Double Taxation, Directs Credit of Self-Assessment Tax Paid After IDS Default
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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