Friday, July 31, 2020

Finance Ministry notifies CCI to disclose Information with Income Tax Department [Read Notification]

The Central Board of Direct Taxes (CBDT) on Thursday notified the Competition Commission of India (CCI) to disclose information to the Income Tax Department under section 138 of the Income-tax Act, 1961. The notification clarified that income-tax authority, as specified in Notification No. S.O. No. 731(E) dated July 28, 2000, shall, “furnish only relevant and […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3fiwC2L

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