Kerala vat

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 October 2016 Sir,

I got a Notice u/s 25(A) of the KVAT Act,2003 for the AY 2009-10. i need to know what is this notice all about. What are the various time limit for assessment under KVAT Act,2003. How to file objections to this notice.

Please do answer immediate.

Thanks and Regards,

18 October 2016 Did you mention Section 25(1) and not 25(A)?
It 5 years from the end of the year. So in your case 5 years is over on 31st March 2015. But this 5 year limit is not applicable if there is a wilful default through benami or forged documents.
The notice gives you first an opportunity to explain your side. So if you are a genuine tax-payer, go ahead and explain and nothing to worry.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 October 2016 Notice worded as "NOTICE UNDER SECTION 25(A)OF THE KVAT ACT,2003.


Thanks for your reply


21 October 2016 Department sends the notice under Section 25A only when Comptroller and Auditor General raises an objection to the previous tax assessments. Again, as per this section, you should be given an opportunity to explain, hence the letter.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries