Key Points
The only condition is the relief to a single taxpayer will not exceed 1 lakh..
If an individual demand amount is limited to 25,000, the taxpayer can have more than one demand..
But the total amount that will be withdrawn per individual will not exceed a lakh."Sanjay.
The interim budget has proposed withdrawal of outstanding direct tax demands if the amount is up to 25,000 a year till fiscal 2010 and up to 10,000 between fiscal 2010 and 2014..
But a taxpayer can seek the withdrawal of tax notices for more than one year with a total cap of 1 lakh, revenue secretary Sanjay Malhotra tells Anuradha Shukla and Deepshikha Sikarwar..