CIRCULAR NO. 1/2024, dated 24-01-2024
The Central Board of Direct Taxes (CBDT) has released the explanatory notes to the provisions of the Finance Act, 2023. These explanatory notes describe the substance of the provisions/amendments made by the Finance Act, 2023 relating to Income-tax.
The Finance Act, 2023, as passed by the Parliament, received the assent of the President on 31st March, 2023 and has been enacted as Act No. 8 of 2023.
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