The fiscal year just gone-by has witnessed several initiatives taken by the CBDT to significantly reduce disputes and provide relief to taxpayers facing long standing litigation. CBDT has issued over 25 circulars during FY 2015-16, which is almost double as compared to last few years.
Taxsutra Team has compiled an exhaustive list of CBDT circulars issued during FY 2015-16. It also covers case-laws compilation highlighting the controversy involved, which are relevant to the clarifications issued by the CBDT.