what does initial assessment year means wtih respect to SEC 80IB for SSI,say suppose we haven't claimed it for 2 yrs than does that deduction starts from when i file retun and claim deduction or when i should have claimed it when i was under SSI
Sanket Lalwani (CA) (56 Points)
06 August 2011what does initial assessment year means wtih respect to SEC 80IB for SSI,say suppose we haven't claimed it for 2 yrs than does that deduction starts from when i file retun and claim deduction or when i should have claimed it when i was under SSI
CA R K SINGH
(CA CS FINAL CMA INTER)
(372 Points)
Replied 06 August 2011
The initial assessment year start from when you should have claimed it.
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
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