corporate and professional update july 26, 2016
Professional Update for the Day: DIRECT TAX: Income Tax: CBDT has issued a standard operating procedure for handling AIR transactions without valid PAN videF.No.225/193/2016/ITA.1I dated 22nd July 2016. Income tax ITAT Mumbai in the below-citied case held that the fair market value of the property is dependent on several factors which influence valuation and there …