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May 2008

New returns of income notified for A.Y. 2008-09 : Income-tax (Sixth Amendment) Rules, 2008 dated 28-3-2008.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Chartered Accountants

Reading Time 1 mins

New Page 1

22 New returns of income notified for A.Y.
2008-09 : Income-tax (Sixth Amendment) Rules, 2008 dated 28-3-2008.

The CBDT has notified new forms of return of income for A.Y.
2008-09 along with the instructions for filling these forms.

levitra

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S. 11 r.w. S. 2(15) and S. 13 — Objects for benefit to a section of public are charitable

‘Provision for expenses’ on project claimed by estimating liability, substantial part of which incurred within six months from the end of previous year — Balance amount offered for taxation u/s.41(1) — Held, the estimation of liability was reasonable, an

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May 2008

New returns of income notified for A.Y. 2008-09 : Income-tax (Sixth Amendment) Rules, 2008 dated 28-3-2008.

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S. 11 r.w. S. 2(15) and S. 13 — Objects for benefit to a section of public are charitable

‘Provision for expenses’ on project claimed by estimating liability, substantial part of which incurred within six months from the end of previous year — Balance amount offered for taxation u/s.41(1) — Held, the estimation of liability was reasonable, an