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2024

Waiver from income tax demand notice: How to know if it got extinguished or not?

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Waiver from income tax demand notice: How to know if it got extinguished or not?

Income tax notice: Your tax demand notice will be extinguished automatically if certain conditions are satisfied. However do note that there is a maximum cap of Rs 1 lakh per assessee for extinguishment of the eligible tax demand notice. Read here to know more about how to check if your tax demand notice has been extinguished or not.