Tag Archives: India

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Central Board of Direct Taxes (CBDT) invites comments from stakeholders on Draft Income Computation and Disclosure Standards on Real Estate Transactions by 26th May, 2017

The Committee constituted by the Finance Minister to suggest the areas in respect of which further Income Computation and Disclosure Standards (ICDS) may be notified under the Income Tax Act, 1961 (‘the Act’) has suggested the notification of ICDS in respect of Real Estate Transactions and submitted the draft of the same. read more