Notification and Circular?
This query is : Resolved
04 December 2009
What is difference between NOTIFICATION and CIRCULAR, according to Income Tax?
Please answer.....Thank You
Please answer.....Thank You
04 December 2009
A notification is issued by central or state government to exercise the power of a legislative enactment,Parliamentary or Assembly.
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.
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.
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