CORPORATE AND PROFESSIONAL UPDATE MARCH 28, 2017
Professional Update For the Day: Direct Tax: Compensation paid to employees on closure of business couldn’t be termed as VRS package for income-tax relief. [2017] 79 298 (Madras) Mere signing of ‘Sauda Chitthi’ wouldn’t prove that assessee had received consideration from sale of land: HC [2017] 79 237 (Gujarat) CBDT Stipulates Guidelines For Waiver Of Interest Charged U/s 201(1A)(i) …