Hello All,
I need Small Clarification about what is Circular, Notification, Rule and Amendement as per income tax.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 25 November 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 25 November 2017
Rules can be described as the guidelines or instructions of doing something correctly. these are the principles that govern the conduct or behavior or a person in an organization or country. On the other hand, regulations refer to the directives or statute enforced by law, prevailing in the country.
The primary difference between rules and regulation is that while the former do not as such have a legal binding, the latter have a legal binding. As these two terms are used in the same breath, people do not recognize their differences. These are of utmost importance in that rules and regulations are present everywhere, i.e. school, college, office, club, corporations, banks etc., as they are helpful in maintaining law and order in the concerned place.
And a minor change or addition designed to improve a text, piece of legislation, etc is amendment
RAJA P M
("Do the Right Thing...!!!")
(127146 Points)
Replied 25 November 2017
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