CORPORATE AND PROFESSIONAL UPDATE DEC 19,2016
Professional Update For the Day: Direct Tax:- CBDT warns of penal action if I-T returns are ‘drastically’ changed against misusing the provision of revised tax returns in a bid to legalize their unaccounted income following the demonetization of high-value old currency notes. Form 1 (PMGKY, 2016) is available for e-Filing. A declaration of income in the …