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Section 54F Investment can be made from amount other than the sale consideration.ITAT Ahemdabad has held in the case DCIT vs. Shri Radhakant M. Tripathy.
Due to SC order regarding definition of sale etc, Developers can file Revised Returns from 20-06-2006 to 31-12-2013 by 30-04-2014. (MVAT Trade Circular 7T of 21-2-14).
Amount paid for Pension Fund (80CCC), Mediclaim Premium (80D) and Interest on Education Loan (80E) must be from taxable income only for claiming deduction.
28-02-2014(Friday) last date for availing DVAT Amnesty (27 Shivratri). Also for form AR-I for FY 2012-13 for specified DVAT Dealers (No Notification for repeal).
Due to SC order regarding definition of sale etc, Developers can file Revised Returns from 20-06-2006 to 31-12-2013 by 30-04-2014. (MVAT Trade Circular 7T of 21-2-14).
Amount paid for Pension Fund (80CCC), Mediclaim Premium (80D) and Interest on Education Loan (80E) must be from taxable income only for claiming deduction.
28-02-2014(Friday) last date for availing DVAT Amnesty (27 Shivratri). Also for form AR-I for FY 2012-13 for specified DVAT Dealers (No Notification for repeal).