MOST IGNORED CLAUSE OF TAX AUDIT : CLAUSE 22 OF FORM-3CD

MOST IGNORED CLAUSE OF TAX AUDIT : CLAUSE 22 OF FORM-3CD

Background -This clause was inserted by the Central Board of Direct Taxes through its Notification No. 36/2009 dated 13-4-2009, in the Form No.3CD in Appendix II of the Income-tax Rules, 1962.Clause 22 of Form-3CD : Interest Paid to MSME Creditors The tax auditor is...