Tuesday, July 21, 2020

Income Tax Dept to Share Information with Ministry of MSMEs [Read Notification]

The Central Board of Direct Taxes (CBDT) on Tuesday notified that the Additional Secretary and Development Commissioner, Ministry of Micro Small and Medium Enterprise(MSMEs), Government of India would be a competent authority to share information under Section 138 of the Income-tax Act, 1961. “In pursuance of sub-clause (ii) of clause (a) of sub-section (1) of […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Bgwse7

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