Month: October 2009

The Central Board of Direct Taxes withdraws Circular No 23 dated 23rd July, 1969, Circulars No. 163 dated 29th May, 1975 and No. 786 dated 7th February, 2000.

Hearing of all matters, in which Special Bench decision in the case of Daga Capital Management Pvt.Ltd. is sought to be reviewed by the assessee, should not be heard and blocked upto January, 2010 or till the disposal of the matter by the Bombay or any other High Court, whichever is earlier.