The Central Board of Direct Taxes (CBDT) has amended rule 10CB which provide for computation of interest income pursuant to secondary adjustments. In order to make the actual allocation of funds consistent with that of the primary adjustment, section 92CE was inserted in the Income-tax Act, 1961 vide Finance Act, 2017 with effect from 1st […]
The post CBDT amends rules on Computation of Interest Income pursuant to Secondary Adjustments [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.
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