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Apr 09, 2024
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Relief for taxpayers on HRA claims! Income Tax Department clarifies no special drive to reopen mismatch cases
HRA claims: The CBDT has clarified that there is no special drive to review mismatched HRA cases, refuting concerns of retrospective taxation. Instances of information mismatch have been identified, prompting the department to notify taxpayers to rectify any discrepancies.
HRA claims relief: The Central Board of Direct Taxes (CBDT) has clarified that there is no special drive to reopen cases related to House Rent Allowance (HRA) claims. The income tax department stated that there is no ongoing special drive to review mismatch cases. Concerns have emerged about potential retrospective taxation and reopening cases related to HRA claims.
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