Objectives of The Scheme To take industrial development to the block level in (UT)of J&K, which is the first time in any Industrial Incentive Scheme of the GOI and attempts for a more sustained and balanced industrial growth in the entire UT. Beneficiaries: Scheme is made attractive for both smaller and larger industrial units. Expenditure: The financial outlay is 28,400 crorefor the…
Purpose of Notice Notice u/s 142(1) is issued by the Income Tax Department for : Filing of Income Tax Return: If you’ve not filed your return within the specified period of time or before the end of the relevant assessment year, then you might receive Notice u/s 142(1)asking you to file your return. Producing specific accounts and…
Amendment :Ref. Notification No. 04/2022-CT(R) & 05/2022-CT(R) dated 13.07.2022. Notification 4 makes an amendment in Master Notification No. 12/2017-CT(R) by which against serial no. 12 in column (3) after the words “as residence” the words “except where the residential dwelling is rented to a registered person” shall be inserted. Clarification: If any person gives his…
