Maharashtra Criteria for Selection (on the basis of probable revenue earnings) of the cases for Assessment (Amendment) Scheme, 2020

Jun 11, 2020 | by TeamLease RegTech Legal Research Team

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Finance & Taxation Complianceclass="MsoNormal" style="text-align: justify;">The Maharashtra Finance Department on June 09, 2020 issues the Maharashtra Criteria for Selection (on the basis of probable revenue earnings) of the cases for Assessment (Amendment) Scheme, 2020 to further amend the Maharashtra Criteria for Selection (on the basis of probable revenue earnings) of the cases for Assessment Scheme, 2018.

A proviso in Clause 6(2) has been inserted, namely:-

“Provided that, cases having probable revenue earnings of rupees two lakh and fifty thousand or more for the period starting on or after April 01, 2017 and ending on or before June 30, 2017, in case of the dealers whose registration is deemed to have been cancelled under sub-section (6A) of Section 16 of the Act, shall be selected for the assessment.”

[Notification No. VAT. 1520/C.R. 45/Taxation-1]


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