The provisions in the INCOME TAX Act, PIC rules 2012 must be read - TopicsExpress



          

The provisions in the INCOME TAX Act, PIC rules 2012 must be read as an integral part of the entire tax Act. However, in an effort to make it easy to understand, IRAS rewrote the provisions in plain english, as a result, hundreds of consultants who have not read a single provision in the INCOME TAX started to act as advisors and consultants to people seeking to apply PIC, and started to compile their own PIC handbook-bible based on their laymans interpretation of IRAS isolated decisions. Quick survey: Who wants to attend a session to understand the real essence of what is PIC claimable, give this a like to represent your KI CHEW? Ben Aw will be organising this with me)
Posted on: Wed, 05 Mar 2014 06:23:56 +0000

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