CORPORATE AND PROFESSIONAL UPDATE AUG 26, 2016 :
Today updates: DIRECT TAX: CBDT has issued a Income tax (21st Amendment) Rules, 2016- class or classes of buyer to whom provisions of section 206C (1D) shall not apply vide Notification No. 75/2016 dated 19/08/2016. ITAT Ahemdabad in the below citied case held that in case of Cash expenditure exceeding Rs. 20,000/- – the paramount consideration …