Vat queery


This query is : Resolved 

12 November 2009 Respected Expert,

Which assessment year wil be applicable in May 2010 Income Tax Paper, PCE Examination ?

Is it 2009-10 or 2010-11 ?

Please clarify the same.

Regards,
N. Harish Ballal

12 November 2009 PLEASE LET ME KNOW WHETHER THE CONTRACTORS UNDER REGULAR SHEME (INPUT TAX CREDIT)CAN TAKE CREDIT OF VAT PAID ON PURCHASE ON CAPITAL GOODS USED FOR CONSTRUCTION??

13 November 2009 Hi Harish, the applicable A.Y will be 2010-2011. Thanks and Regards,
CA Shakuntala Chhangani

13 November 2009 A.Y.2010-2011.


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