Important Circulars Notifications December’2015

Monetary limit of Rs 10 Lacs in tax liability has been fixed for appeals to be filled by Income Tax department before ITAT, High court and Supreme Court. CBDT allows service of Notice, Summons, Requisition, Order etc. by e-mail. Payments for social security benefits given by Parents (MNCs) to expats working in India not liable for Service Tax when reimbursed by the Indian subsidiary.