TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income-tax Rules Amend: New Documentation for Domestic Transactions, Includes Co-ops in Milk Sector, Form 3CEFB Deadline Set.</h1> The Income-tax (19th Amendment) Rules, 2015, effective from December 8, 2015, amend the Income-tax Rules, 1962. The amendments pertain to documentation requirements for eligible specified domestic transactions involving assessee enterprises and co-operative societies. The rules require detailed records of ownership structures, business descriptions, transaction terms, and pricing methodologies. Additionally, the amendments expand the definition of eligible entities to include co-operative societies engaged in milk procurement and marketing. The rules also specify pricing criteria for milk transactions and provide a deadline for submitting Form 3CEFB for certain assessment years. These changes aim to enhance transparency and compliance in domestic transactions.
TaxTMI 
TaxTMI 
