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Important Circulars Notifications June'2016

Compliance Updates

Important Circulars Notifications June’2016

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Assessee is not obliged to deduct TDS in respect of voluntary amount paid (tips) by Customers to it’s employees for the services provided to them. No penalty for non- deduction of tax based on CA certificate. Clarification regarding applicability of amended Accounting Standards. Vehicles sales conclude at a place where the registration takes place.