The Tax Tangle
The government asking corporates and professionals to report estimates of income and tax liability will add to the compliance burden.
by Dipak Mondal
Oct 03, 2017
2 minutes
At a time when compliance issues under the Goods and Services Tax (GST) are proving to be a nightmare, the government has dropped another bomb by asking corporate and professional taxpayers to voluntarily report estimates of current year's income, tax payment and advance tax liability.
The move, which is likely to increase the
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