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All Pending appeal to be withdrawn after increase in Monetary Limits. CBDT sets 31.10.2019 as deadline

All Pending appeal to be withdrawn after increase in Monetary Limits-CBDT Clarification. All pending SLPs/ appeals/ cross objections/references to be withdrawn till 31.10.2019 F. No. 279/Mis/M-93/ 2018-ITJGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral  Board of Direct Taxs******* Room No. 12, 5th Floor, Jeevan Vihar Building,Parliament Street, New Delhi.Dated …

Treatment of Farm-in expenditure incurred by Oil Exploration & Production Cos – Clarification by CBDT

Treatment of Farm-in expenditure incurred by the Oil Exploration and Production (E&P) Companies-Clarification by CBDT Circular No.  20 /2019 Government of India Ministry of Finance Department of RevenueCentral Board of Direct Taxes New Delhi, dated 19th August, 2019 Subject: – Clarification regarding treatment of Farm-in expenditure incurred by …

ICAI conducting online survey on GST Implementation in India

ICAI conducting online survey on GST Implementation in India 2 years have passed since implementation of GST in India. While many feel that the GST has facilitated ease of doing business, reduce interaction with the Government Officials, ease of compliance etc., those holding opposite views are also not …