27 January 2016
The circulars are issued by the chief executive in charge of the taxation hierarchy, and are normally explanatory/ interpretative or relax the rigours of the law administered.
27 January 2016
Both circular, as well as, notification is issued by higher authority in taxation department (CBDT). • While a circular is meant for the officers in a department, a notification is more like legislation in nature and binding upon all parties concerned. • Both notifications, as well as, circulars are explanatory in nature.
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