Monday, July 23, 2018

CBDT revised Form no. 3CD; seeks breakup of total exp. relating to entities whether registered or no

The Central Board of Direct Taxes (CBDT) has revised the Form no. 3CD. Various changes have been made in the form such as reporting of gifts chargeable to tax, particulars of payment in amount exceeding limit specified in Section 269ST. Further, the Form asked the break-up of total expenditure of entities registered or not registered under the GST

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