Budget: Exempt entities like non-profits face hurdles due to TCS on transactions. Govt can notify exemptions/lower TCS rates for them. Effective Oct '...
Budget: Amendments clarify penalties for inaccurate info/non-compliance with due diligence under AEoI. Rs. 50K fine for errors/failures. Defense allow...
DIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Immunity from initiation of proceedings in respect of offence and imposition of penalty in certain cases - Clause 202 of the Bill - Immunity will be provided in respect of an offence and penalty under the Income-tax Act or the Wealth-tax Act,
DIRECT TAX DISPUTE RESOLUTION SCHEME, 2016 - Immunity from initiation of proceedings in respect of offence and imposition of penalty in certain cases - Clause 202 of the Bill - Immunity will be provided in respect of an offence and penalty under the Income-tax Act or the Wealth-tax Act,
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