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Haryana VAT Circular dated 10.02.2014 on Builders – takes a u-turn on Valuation under composition scheme to hurt the builder’s and property buyers by Including the land value in the total taxable value amends the earlier circular No. 952.
Now file ITR-V by 31.03.2014 for returns e-filed with refund claims within time allowed u/s 139 for AY 2009-10, 2010-11 & 2011-12. Circular 4 of 10-02-2014.
Practising Proprietor/ Partner CA can conduct 60 Tax Audits instead of 45 earlier for audits Conducted during Financial Year 2014-15 onwards.
Section 43B of the Income Tax Act is not applicable to contractual liability. Oswal Agro Mills Ltd versus CIT, ITA no.41 of 2000, Date of Order: 07.02.2014, Delhi High Court.
Now file ITR-V by 31.03.2014 for returns e-filed with refund claims within time allowed u/s 139 for AY 2009-10, 2010-11 & 2011-12. Circular 4 of 10-02-2014.
Practising Proprietor/ Partner CA can conduct 60 Tax Audits instead of 45 earlier for audits Conducted during Financial Year 2014-15 onwards.
Section 43B of the Income Tax Act is not applicable to contractual liability. Oswal Agro Mills Ltd versus CIT, ITA no.41 of 2000, Date of Order: 07.02.2014, Delhi High Court.