Tax titbits- Finance bill 2012 What next

By:

RAJARATNAM, S

Material type:

Mixed materialsPublication details: 2012Description: 538-539Subject(s):

TAXATION

NLM classification:

336.2

In: MANAGEMENT ACCOUNTANTMSummary: Direct tax code bill 2010, which was totake effect from 1st April, 2012, is now officially postponed for application from 1st April 2013. Mean while many of the drastic provisions have found their way in the proposals in the finance bill 2012. There is considerable uncertainty as to the incidence of tax on trade and industry consequent on these proposals, which have been prompted without any prior consulatation with profession or trade and industry.

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Holdings
Item type	Current library	Call number	Vol info	Status	Date due	Barcode
Periodicals/Magazines	SSCBS Library		47/5	Available		P14512

Direct tax code bill 2010, which was totake effect from 1st April, 2012, is now officially postponed for application from 1st April 2013. Mean while many of the drastic provisions have found their way in the proposals in the finance bill 2012. There is considerable uncertainty as to the incidence of tax on trade and industry consequent on these proposals, which have been prompted without any prior consulatation with profession or trade and industry.

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