CBDT, CBIC sign MoU for data exchange

A MoU was signed between Central Board of Direct Taxes, CBDT and the Central Board of Indirect Taxes and Customs, CBIC today for data exchange between the two organizations. This MoU will facilitate the sharing of data and information between CBDT and CBIC on an automatic and regular basis. In addition to regular exchange of data, CBDT and CBIC will also exchange with each other, on request and spontaneous basis, any information available in their respective databases which may have utility for ...