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A Brief About Tax Settlement Services?

Posted by IRSLogics on May 30, 2024 at 2:23am 0 Comments

The Income Tax Act created the quasi-judicial Income Tax Settlement Service. Forming Tax settlement services aims to resolve tax obligations in complex situations without requiring protracted and unending litigation. Under some set guidelines, the taxpayer may contact the ITSC while pending assessment

procedures. Tax and interest on excess income revealed before the ITSC must be

paid to apply. An…

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