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INCOME TAX

INCOME TAX: CBDT Circular No. 11/2021 dt 21.06.2021) facilitates tax deductors/ collectors to verify if a person is a “Specified Person”

by TaxConcept June 23, 2021June 23, 2021

INCOME TAX — Definition of “salary”, “perquisite” and “profit in lieu of salary” (section 17)

Compliance Check functionality for Section 206AB & 206CCA (refer CBDT Circular No. 11/2021 dt 21.06.2021) facilitates tax deductors/collectors to verify if a person is a “Specified Person”. Procedure for using the functionality is available at

[embeddoc url=”https://taxconcept.net/wp-content/uploads/2021/06/notification01_2021-compliance-check-functionality.pdf” download=”all”]

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Tax Concept is a dedicated team of financial writers, legal analysts, and tax professionals committed to breaking down complex Indian corporate updates. From real-time GST amendments and crucial Income... More by TaxConcept

INCOME TAX: CBDT Circular No. 11/2021 dt 21.06.2021) facilitates tax deductors/ collectors to verify if a person is a “Specified Person”

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