To facilitate faster clearance of refunds for the 2022-23 fiscal, the income tax department on 23 September asked taxpayers to respond to intimation from the I-T department regarding outstanding demands of previous years.
The department in a post on ‘X’ said after a few taxpayers took to social media about receiving intimation from the I-T department regarding past unsettled tax demands. It said this is a taxpayer-friendly measure where an opportunity is being provided to assessees in line with “principles of natural justice”.
Source: Livemint
