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The Central Board of Direct Taxes (CBDT) has proposed to introduce a new rule asking companies with annual income of Rs1 crore and professionals with Rs50 lakh income per year to report estimates of current income, tax payments and advance tax liability on a voluntary basis.

Shalu Kedia, Nangia & Co LLP shares her views for aforementioned story for following publications:

  • Financial Express- Stand alone story
  • Indian Express- Stand alone story
  • Hindu Business Line
  • PTI

(Story flashed by PTI has been picked up by 122 other news publication like Economic Times, Business Standard, India Today, NDTV,moneycontrol.com etc.)

http://www.nangia.com/wp-content/uploads/2017/09/CBDT-Advance-tax-payment-Shalu-Kapadiya.jpg

http://www.nangia.com/wp-content/uploads/2017/09/Nangia-Co-LLP-Income-Estimates.jpg

Companies May face Additional Tax Burden