The CBDT did not have any established mechanism to assess the impact of revenue foregone on account of deduction under section 80 IA on the economic and industrial growth of the country.
State VAT assesses are required to provide details to GSTN portal for migration to GST. Service Tax/Excise will be issued Provisional ID at a later date.
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Black money in Swiss Banks- Undisclosed income of Rs.8200 crore (including protective assessments in some cases) brought to tax till 31.08.2016 in 404 cases.
