Due date for efiling of vat returns in Punjab for the quarter Oct.-Dec., 2011 extended to 31.01.2012

0 comments Friday, January 27, 2012

Due date of efiling VAT returns for the quarter 01-10-2011 to 31-12-2011 has been extended by one day from 30th January, 2012 to 31st, January 2012 due to elections to be held in Punjab on 30th January, 2012. The relevant public notice is being produced herebelow:
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CBDT launched special drive for verification of High Value Transactions


PRESS RELEASE NO. 402/92/2006-MC (03 OF 2012), DATED 18-1-2012
The Central Board of Direct Taxes has directed the Income Tax department to launch a special drive, from 20th January to 20th March, 2012, for verifying high value transactions (investments/deposits/expenditure) from persons who are not assessed to income tax or who have not furnished their PAN while entering into such transactions. In an instruction issued today, the CBDT issued proforma for query letters and responses to be issued to the high value investors/depositors/spenders.
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