Amendments made to Section 40(a)(ia) by Finance Act, 2010 - ...

Finance Act 2010: Section 40(a)(ia) Amendments Have Retrospective Effect, Impacting Deduction Compliance Timing.

September 10, 2013

Case Laws Income Tax HC

Amendments made to Section 40(a)(ia) by Finance Act, 2010 - Retrospective effect or Prospective effect - The amended section 40(a)(ia) expands and further liberalises the statue when it stipulates that deductions made in the first eleven months of the previous year but paid before the due date of filing of the return, will constitute sufficient compliance. - held as retrospective effect - HC

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Amendments made to Section 40(a)(ia) by Finance Act, 2010 - ...

Finance Act 2010: Section 40(a)(ia) Amendments Have Retrospective Effect, Impacting Deduction Compliance Timing.

September 10, 2013

Case Laws Income Tax HC

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