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Accounting and Auditing in India – The past, present and future
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As It Was, Is and May Be
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Legal Considerations for Start-Ups – Are you overlooking some?
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ATR & AQMM – Audit Reports of Auditors!
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A voluntary organisation established on 6th July 1949, BCAS has presently more than 9,000 members from all over the country. BCAS is a principle-centered and learning-oriented organisation promoting quality service and excellence in the profession of Chartered Accountancy.
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May 2009

Income tax (Eleventh Amendment) Rules, 2009 — Notification no. 37/2009 dated 21 April 2009

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Nimesh Dedhia, Vijay Kewalramani
Chartered Accountants

Reading Time 1 mins

New Page 1

18. Income tax (Eleventh Amendment) Rules, 2009 —
Notification no. 37/2009 dated 21 April 2009

The CBDT had amended the depreciation rate and provided for
enhanced depreciation on new commercial vehicles acquired after 1st January,
2009 and before 1 April 2009. By a recent amendment, the benefit is extended.
The benefit of enhanced depreciation on commercial vehicles shall now be
available for vehicles acquired up to 30th September 2009.

levitra

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May 2009

Income tax (Eleventh Amendment) Rules, 2009 — Notification no. 37/2009 dated 21 April 2009

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There are certain corrections made in ITR 2 and ITR 5 vide Notification no. 35/2009 dated 13 April 2009.

Old circulars on S. 9 of the Act withdrawn — Circular No. 7 /2009, dated 22-10-2009.

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May 2009

Income tax (Eleventh Amendment) Rules, 2009 — Notification no. 37/2009 dated 21 April 2009

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There are certain corrections made in ITR 2 and ITR 5 vide Notification no. 35/2009 dated 13 April 2009.

Old circulars on S. 9 of the Act withdrawn — Circular No. 7 /2009, dated 22-10-2009.