Can IT returns be disclosed by Income Tax Department?
(Last edited: Wednesday, 18 January 2023, 4:48 PM)
Answer:
IT returns filed by an assesse are confidential information which include details of commercial activities and that it relates to 3rd party information, which are submitted in fiduciary capacities. It is exempted under Sec 8(1)(j) and there is no public interest involved in the matter.
