Tax wars over old & new laws await Supreme Court's final verdict

The Supreme Court's impending verdict on the overlap of old and new reassessment tax laws from the pandemic era could affect around 90,000 taxpayers. The ruling will clarify executive power limits and procedural correctness, following significant litigation and challenges against the I-T department's reopening of old tax returns.

from News-Economic Times https://ift.tt/gNOtoij