hey guys can u plz tell me which are the other methods used in ALP besides those mentioned 5 methods???
Swanand
(CA Articled Assistant)
(65 Points)
Replied 05 December 2012
can u tell me how is valuation done for other method??
Swanand
(CA Articled Assistant)
(65 Points)
Replied 06 December 2012
The Central Board of Direct Taxes (the Board) has now notified the “other method” vide Notification No. 18/2012 [F. No. 142/5/2012-TPL], dated 23-5-2012, and Rule 10AB has now been inserted in the Income-tax Rules, 1962 (the Rules). Rule 10AB of the Rules shall come into force w.e.f. April 1, 2012 and shall apply to assessment year 2012-13 and subsequent years.
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