The Central Board of Indirect Taxes and Customs (CBIC) on Friday has sent the administrative instruction for recovery of interest on net cash liability which will be applicable from July 1, 2017. The provision of section 50 was amended vide section 100 of the Finance (No. 2) Act, 2019 to provide for charging Interest on […]
from Taxscan | Simplifying Tax Laws https://ift.tt/32GE44p
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