CBDT removes arrest and imprisonment as prescribed route for tax recovery
CBDT has amended Rule 225 to remove arrest and imprisonment as a prescribed route for recovering tax dues. Authorities can still attach and sell movable or immovable property and appoint receivers. The amendment does not remove any separate arrest powers that may exist elsewhere under the Income-tax Act.
Key takeaways
- Category: Economy.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.











