application of u/s.139(8)

This query is : Resolved 

11 March 2008 whether sec.139(8) are applicable? if applicable when? please clarify.

11 March 2008 urgent

11 March 2008 No,clause (c) of subsection (8) of section 139 clearly says that this subsection i.e.(8) is applicable for the assessment of assessment year commencing from 1st april 1988.Language of the section clearly states that this is one time section applicable only for one assessment year i.e.1988-1989.


12 March 2008 NOW THIS SECTION IS NO MORE APPLICABLE



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