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14 July 2017CBDT issues a notification prescribing the method for valuation of
unquoted shares for the purposes of Section 56(2)(x) and Section
50CA of the Income tax Act
BackgroundCBDT Notification
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How to fill out cbdt issues a notification
How to fill out cbdt issues a notification
01
Visit the official website of the Central Board of Direct Taxes (CBDT) - www.incometaxindia.gov.in.
02
Look for the 'Notifications' section on the website.
03
Click on the 'Notifications' section to access the latest notifications issued by CBDT.
04
Read and understand the content of the notification.
05
If the notification requires any action or compliance, follow the instructions provided.
06
If necessary, consult with a tax professional or seek guidance from CBDT authorities.
07
Keep track of any future updates or amendments to the notification.
Who needs cbdt issues a notification?
01
Anyone who is liable to pay income tax or is involved in taxation matters needs to be aware of the notifications issued by CBDT.
02
Taxpayers, tax professionals, and other individuals or entities involved in income tax-related activities can benefit from understanding and complying with CBDT notifications.
03
Government authorities, tax departments, and regulatory bodies also need to be informed about the notifications to ensure proper implementation and enforcement of tax laws.
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