No use of coercive powers by tax officers in case of recoveries: CBDT

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The Central Board of Direct Taxes (CBDT) has restricted the coercive or intrusive powers of tax officers in case of tax recoveries, with immediate effect. CBDT said such powers should be exercised only as a last resort after other means of recovery have been exhausted. The Board has restricted recovery surveys to non-responsive or non-traceable … Read more