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Clarification regarding defective notices issued to FII/FPIs

Income Tax - Press Release - Dated:- 10-12-2015 - Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes 10th December, 2015 Press Release Subject: -reg. Notices of defective returns were issued under section 139(9) of the Income-tax Act to Foreign Institutional Investors/Foreign Portfolio Investors (FIIs/FPIs) in cases where Balance Sheet and P&L account were not filled. In order to overcome this difficulty, it is clarified that such returns will not be .....

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