CORPORATE AND PROFESSIONAL UPDATE DEC 23,2016
Professional Update For the Day: Direct Tax:- CBDT has issued a circular via circular no. 41 of 2016 dated 21st December, 2016 regarding clarifications on Indirect Transfer Provisions contained in section 9(1)(i) of the Income Tax Act, 1961. Mihir Jayendra Thakore Vs DCIT Whether in case the previous AO has allowed certain claim but the subsequent …