assessment under section 29(2) and 29(3) of PVAT Act 2005 can be made within three years from the last date of filing of annual statement (which is 20th November in case of taxable person and 20th August in case of Registered person) or the actual date of filing of annual statement whichever is later.
Foreign transactions in connection with the 2G scam have been traced to at least six countries, including Mauritius and Virgin Islands, and hawala route was also used, the Enforcement Directorate today told the Supreme Court.Presenting its status report before a bench of justices G S Singhvi and A K Ganguly in a sealed envelope, the agency also said that it had found that a person had paid Rs 100 crore for liaisoning.
