Income Tax Department releases interim action plan for FY25, focusing on TDS short-payment identification and faster appeal disposal.

The Income Tax Department has released an interim action plan for FY25, focusing on TDS short-payment identification, faster appeal disposal, and other areas. Deadlines for refund approvals, asset release, and compounding proposals are set, with at least 150 appeals expected to be resolved by June 30. CBDT's plan aims to enhance tax administration efficiency, with immediate steps including addressing grievances through e-Nivaran and CPGRAM platforms.

April 11, 2024
4 Articles