Advance tax couldn’t be treated as tax paid under PMGKY: Delhi HC

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

Pradhan Mantri Garib Kalyan Yojna, 2016 (PMGKY) was notified in the Gazette of India dated 15-12-2016 vide Taxation Laws (Second Amendment) Act, 2016 as an aftermath and in wake of the demonetization of Rs.500 and Rs.1000 currency notes, which had ceased to be legal tenders post-midnight between 8th and 9th November, 2016.

Any person could make a declaration under the PMGKY on or before the 01-04-2017 in respect of any income in the form of cash or deposit in an account maintained by the person chargeable to tax under the Act for any assessment year commencing on or before 1st day of April, 2017.

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