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Relief on old tax demand can’t exceed Rs 1 lakh: Sanjay Malhotra, Revenue secretary

By Economic Times - 10 months ago
"The details are being worked out. The only condition is that the relief to a single taxpayer will not exceed ₹1 lakh. If an individual demand amount is limited to ₹25,000, the taxpayer can have more than one demand. But the total amount that will be withdrawn per individual will not exceed a lakh."

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