In view of Shah Panel Report CBDT directs officers to temporary halt pending assessment of FPIs/FIIs

IT/ILT : Section 115JB of the Income-Tax Act, 1961 – Special Provision for Payment of Tax by Certain Companies – Report on Applicability of Minimum Alternate Tax (Mat) on Fiis/fpis for the Period Prior to 1-4-2015 and Acceptance of Government Thereof