Daily Archive: Sunday, May 22, 2016
Global volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done so far-Governor RBI. The Reserve Bank of India – Press Release Dated: 22-05-2016 Delivering the Mahtab Memorial Lecture at Bhubaneswar on May 21, 2016, Dr. Raghuram Rajan, Governor, Reserve
Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive. Reserve Bank of India-Press Release Dated: 22-05-2016 India has come a long way in encouraging free enterprise – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive.
Fresh tangible material not required to reopen an assessment where the initially the return of income is processed u/s 143(1) and an intimation is sent to the assessee, the reopening of such assessment requires the AO to form reasons to believe that income has escaped assessment, but such reasons do not