is it compulsory to submit form 112 for BCOM students.

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dhiraj khosla

dhiraj khosla (Querist)

20 June 2008 im a TYBCOm student of SIES nERUL,
i wanna no wheter form 112 is mandatory or not.

Snehal Parikh

Snehal Parikh (Querist)

20 June 2008 Whether thare are any amendment or any new changes in 3 CD form or 3CA or 3CB applicable to financial year 2007-2008( Assessment Year 2008-2009) as compared to financial year 2006-2007 (Assessment Year 2007-2008)for tax audit purpose ?

If yes, then please provide new form 3CA Or 3CB Or 3CD, if applicable.

Please provide immediate reply.

Thanks,

Snehal

CA.Manish Jindal

CA.Manish Jindal (Expert)

20 June 2008 Dear Dhiraj,

Yes form 112 is mandatory also for B.com course.This are the requirements :-
a) Article registered on / after 1.4.2008 has to obtain permission of the institute for pursuing graduation / other course within 1 month of joining the college / CA course

b) For already registered articles & undergoing graduation / other course & not obtained the permission of the institute has to obtain the permission by submiiting Form no 112 by 30.9.08

Regards
CA. Manish Jindal