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National News

The Times of India

National / The Times of India

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Retrospective clarifications on re-assessment and invalidation of tax orders

New tax clarifications, effective retrospectively, aim to resolve disputes over reassessment notices and assessment orders lacking a Document Identification Number (DIN). These changes, impacting many taxpayers, seek to prioritize the intent of tax laws over minor technical errors, potentially reducing litigation and offering a pragmatic shift in tax administration.

2 Feb 2026 9:10 am