CBDT takes various significant decisions in last three months for providing better taxpayer services, improving ease of doing business and reducing the burden of compliance on the tax payer

CBDT takes various significant decisions in last three months for providing better taxpayer services, improving ease of doing business and reducing the burden of compliance on the tax payer https://www.taxtmi.com/news?id=15340 Central Board of Direct Taxes adopted measures to ease compliance and reduce litigation by clarifying Minimum Alternate Tax applicability for foreign investors and excluding MAT for foreign companies without a permanent establishment, notified transfer pricing rules adopting a range concept and multi year data, simplified self declaration procedures for lower deduction, launched an online pilot to reconcile prepaid tax mismatches, issued Income Computation and Disclosures Standards, addressed tax treatment of offshore rupee bonds, expedited small refunds, and raised departmental appeal thresholds while forming a committee to simplify the Income Tax framework. en-us Wed, 16 Dec 2015 09:49:53 +0530 Wed, 16 Dec 2015 09:49:53 +0530 TaxTMI RSS Generator CBDT takes various significant decisions in last three months for providing better taxpayer services, improving ease of doing business and reducing the burden of compliance on the tax payer https://www.taxtmi.com/news?id=15340 Central Board of Direct Taxes adopted measures to ease compliance and reduce litigation by clarifying Minimum Alternate Tax applicability for foreign investors and excluding MAT for foreign companies without a permanent establishment, notified transfer pricing rules adopting a range concept and multi year data, simplified self declaration procedures for lower deduction, launched an online pilot to reconcile prepaid tax mismatches, issued Income Computation and Disclosures Standards, addressed tax treatment of offshore rupee bonds, expedited small refunds, and raised departmental appeal thresholds while forming a committee to simplify the Income Tax framework. News - Wed, 16 Dec 2015 09:49:53 +0530 https://www.taxtmi.com/news?id=15340