Saturday, March 19, 2011

Finance Act 2010 - Sec.143(1B) Time Limit extended for issue of Notifications in respect of Centralised Processing of Returns

ASSESSMENT PROCEDURE
 
Centralised Processing Centre (CPC) has been set-up at Bangalore for centralised processing of ITR. Now Central Government can issue notification upto 31.03.2011 to relax, modify or adopt any provision of law relating to processing of returns.
(effective from 1.4.2010)

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