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 Condonation of delay under section 119(20) of the Income-tax Act, 1961 in filing of Form No. 9A/10/108/10BB for Assessment Year 2018-19 and subsequent assessment years
 Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22 and 2022-23
 New GST form notified to help taxpayers adjust tax demand amount: Here's how to use
 ITR filing deadline extended to November 15, 2024 for these taxpayers
 Unlock Exclusive Savings with Tally Renewal Discounts: All You Need to Know

Key findings of tax risk survey 2007
December, 15th 2007

Three of the five organisations felt that unpredictable ruling by tax administrator is the most important factor contributing to tax risk challenges in the present scenario.

Nearly three-fourths of the surveyed companies are conservative in their approach and do not want to litigate for settling tax-related issues.

More than half the respondents see image damage as the top concern due to tax risks, surpassing opportunity to save cost and potential levies.

One in two respondents believes that functional departments are primarily managing risk issues across industry sectors.

Effective contingency planning is in place for 87 per cent of multinational organisations, as compared to 69 per cent in Indian companies.

IT/ITeS firms perceive higher risk on account of compliance to tax regulations, accounting procedures and failure in these and transactional aspects.

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