9911796707
TMI BlogDeductions in respect of certain incomes not to be allowed unless return is filed by the due dateX X X X Extracts X X X X X X X X Extracts X X X X ..... Deductions in respect of certain incomes not to be allowed unless return is filed by the due date - Budget Dated:- 5-2-2018 - News - Deductions in respect of certain incomes not to be allowed unles ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s return is filed by the due date The existing provisions contained in the section 80AC of the Act provide that no deduction would be admissible under section 80-IA or section 80-IAB or s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 80-IB or section 80-IC or section 80-ID or section 80-IE , unless the return of income by the assessee is furnished on or before the due date specified under sub-section (1) of section 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 39 of the Act. This burden is not cast upon assesses claiming deductions under several other similar provisions. In view of the above, it is proposed to extend the scope of section 80AC to pro ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vide that the benefit of deduction under the entire class of deductions under the heading C.-Deductions in respect of certain incomes in Chapter VIA shall not be allowed unless the return of income ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is filed by the due date. This amendment will take effect, from 1st April, 2018 and will, accordingly, apply in relation to the assessment year 2018-19 and subsequent assessment years. [ Claus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e 23 ] - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
