Monday, September 14, 2020

Essential Commodities (Amendment) Bill, 2020: Lok Sabha

Due to COVID19 pandemic, the economy had been adversely affected leading to unemployment and slowdown. The agriculture sector has the potential of making significant contribution to economic growth and therefore, to boost immediate investment in this sector. Therefore, the Essential Commodities (Amendment) Bill, 2020 seeks to amend the act and proposes to introduce provision related the supply of such agricultural foodstuff as are notified by the Govt.

from taxmann.com News https://ift.tt/33qOlBd

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...