Tuesday, September 17, 2019

Tolerance band for FY 2019-20 Notified: 1% for Wholesale Traders and 3% for Others [Read Notification]

The Central Board of Direct Taxes ( CBDT ) has notified that the tolerance range of 1 per cent for wholesale trading and 3 per cent in all other cases for the assessment year 2019-20. In a notification issued by Finance Ministry said that, where the variation between the arm’s length price determined under section […]

The post Tolerance band for FY 2019-20 Notified: 1% for Wholesale Traders and 3% for Others [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.



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