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Full Text of "California Department of Business Oversight  Form

Full Text of "California Department of Business Oversight Form

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welcome to my Channel cjm today we shall have a brief discussion on the income tax interest leviable waiver announced by the cbdt on 4th November good morning happy Monday the update is why a notification of central Board of direct taxes dated 4th November 2024 now this is already applicable and available on on all income tax portal on delayed payment of income tax under Section 200 20 subsection 2 a delay payment interest of 1% per month is leviable by the income tax department that is cbdt now why the notification dated 4th November 2024 it is given at the end of the PowerPoint Slide the various level of income tax officer have been given Authority and power to wave certain amount of Interest thereby reducing the hardship of the SS now the levels are different of three types the principal Commissioner of income tax has been authorized to wave interest of up to amounts rupees 50 lakh rupees principal Commissioner of income tax now the director general of income tax or the chief Commis

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