In a bid to end taxpayers' harassment, the Finance Ministry has "modified" the Income Tax department notice issued for the tedious scrutiny procedure by bringing in "three new formats" that will clearly stipulate if the inquiry against them is "limited, complete or manual".
Clarification on implementation of GAAR
CBDT has issued provision on General Anti Avoidance Rule (GAAR) that shall be effective from AY
Procedure for registration and submission of Statement of Financial Transactions(SFT) i.e FORM 61A
Section 285BA of the incopme tax act, 1961 read with rule 114E of the income tax rules, 1962 sp
Cabinet approves sops to boost 'made-ups' sector
Technology Upgradation Fund Scheme (TUFS) subsidy of additional 10 per cent similar to what i
Measures for reducing litigation – Clarification on Circulars 21/2015 and 8/2016 reg.
It is, therefore, clarified that the import and intent of para 8 of the Circular No. 21/2015 is
New deposit declaration scheme
Pradhan Mantri Garib Kalyan Yojana (PMGKY), 2016, has started on December 17 and will remain op
Signing of ‘Joint Declaration’ by India and Switzerland for the implementation of Automatic Exchange of Information (AEOI) between the two countries
India and Switzerland for the implementation of Automatic Exchange of Information (AEOI) betwee
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