https://www.taxtmi.com/circulars?id=2830 Amendments clarify timelines and procedures, extend donor-protection for deductions where donee approvals or notifications are later withdrawn, require audit reports (Form No.10BB) for certain exempt entities exceeding the basic non-chargeable threshold, expand withholding obligations to rent, royalty and specified receipts, tighten payment traceability by requiring account payee instruments, enable Assessing Officer rectification where convertible foreign exchange is subsequently brought into India, revise penalty limitation and revision provisions, and change rounding of tax and refunds to the nearest multiple of ten rupees. en-us Fri, 27 Apr 2007 00:00:00 +0530 Tue, 15 Jul 2008 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=2830 Amendments clarify timelines and procedures, extend donor-protection for deductions where donee approvals or notifications are later withdrawn, require audit reports (Form No.10BB) for certain exempt entities exceeding the basic non-chargeable threshold, expand withholding obligations to rent, royalty and specified receipts, tighten payment traceability by requiring account payee instruments, enable Assessing Officer rectification where convertible foreign exchange is subsequently brought into India, revise penalty limitation and revision provisions, and change rounding of tax and refunds to the nearest multiple of ten rupees. Circulars Income Tax Fri, 27 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=2830