Return of 1/6 Scheme for compulsory filing of returns on entering high value transactions
July 5, 2019
Budget 2019-20, Income Tax
Return of 1/6 Scheme for compulsory filing of returns on entering high value transactions Finance Act, 2005, had introduced one by six scheme requiring compulsory filing of return on meeting any of the six criterion. However, the Presently, a person (ither than a company/firm) entering into certain high …