Very big mistake in chapter-ii of finnace bill,2012

CA 732 views 3 replies

hi friends,

read the chapter-2 of finance bill 2012, very big mistake under this...

first line of it saying ..tax rates for a.y starting on 1april,2012..hws it possible..

i think this bill is for f.y2012-13 and a.y 2013-14...an our fm is again giving budget for a.y2012-13

great,

plzz check and correct me if i m wrng,,,

but if i m right..thn its very big mistake...by ministry of finance

Thanks,

Replies (3)

Dear jain Sir,

you are right. there is a typing mistke in chp-2 of the finance bill, 2012. It should have been financial year and not assessement year.

Typo mistake...should be rectified before approval of president

hi,,

   friends its not typing mistake...if u read full chapter-ii, thn u will see that adjustment in agrcultural income is given after considering 1.80 lakhs(in place of 2 lakhs)..so i think whole the chapter is wrng..hows is possible...

if they cannot make proper bill, thn what will happened....

Thanks,


CCI Pro

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