Policy regarding an analysis and audit of corporate income tax
Whereas Ariya was acknowledged from various sectors of Revenue that Revenue has issued a new policy regarding an analysis and audit of corporate income tax, as follows:
- In case of any juristic person notifying to refund a corporate income tax over paid for an accounting period starting on or after 1st January, 2014, there shall postpone on process, or if not, there shall issue only a summon letter.
- However, if there was an issuance of invitation letter/a request for delivery of evident documents, the process shall be completely undertaken within 30th December, 2015, if it is unable to undertake with such due time, there shall issue a summon letter.
- In case on process of an analysis of corporate income tax or an issuance of summon letter against to any juristic person, there shall be completely undertaken within 30th December, 2015.
Index of legal movement in relation to business
Interested tax news
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The fee, which was borne by both parties but one party paid in full to government, was not an income of another party
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Notification of Department of Business Development
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Consideration of “a reasonable excuse” in the case of an insufficient estimate of net profits under Section 67 ter of the Revenue Code
GorKhor 0706/432 Dated 8 January, 2008
Personal Income Tax in case of the termination of employment