Sunday 26 April 2015

Normal tax rate would be applicable when assessee had opted for compounded facility after closure of

CST & VAT: Kerala VAT - Where assessee in earlier years had opted for payment of tax at compounded rates and during year in question he had not opted for payment of tax at compounded rates and he had opted compounding facility after close of year, rate of tax applicable under compounding scheme would not be attracted in instant case and regular rate of tax would be applicable

No comments:

Post a Comment