Income Tax Terms

This query is : Resolved 

11 November 2009 What is the difference between notification and circular in the Income tax Act 1961.

11 November 2009 notification is a part of act, and have the mendatory force,

for department,assessee,and judicary,

and circluar is issued by the cbdt for clarification and only bounding the income tax authority,

tribunal and court is not bounding for circular

11 November 2009 I fully agree balram sir




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries