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Tag: waivers

Indian Business News
Nila Kartika Wati

CBDT Streamlines Tax Relief: New Amendments to Form 161 Offer Taxpayers Penalty Waivers

By Sandal Khan Business Correspondent, Zee Media Updated: October 10, 2026 In a significant move toward easing the compliance burden for taxpayers, the Central Board of Direct Taxes (CBDT) has introduced critical amendments to the regulatory framework governing penalty waivers. These changes, centered on the newly revised Form 161, provide a clearer, more accessible pathway […]

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