Friday, December 6, 2019

President approves Chit funds (Amendment) Act, 2019

The President has given his approval to the Chit funds (Amendment) Act, 2019. The purposes of this amendment is to increase the limits for aggregate fund collections in chit funds to thrice the current limits.

from taxmann.com News https://ift.tt/2qpZsL3

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...