VCES - Oct 2012-March 2013 Return
THE Return period is October 2012 to March 2013 and VCES is applicable for part of the period that is from October 2012 to December 2012.
An assessee has a serious doubt. Should he file the Return for October 12 to March 13? His apprehension is, if he files the return before filing the application under VCES, he might be barred from VCES and if he files it afterwards, he may be penalised.
He asked his jurisdictional officer for clarification who advised him to keep the data for October to December blank in the return. The assessee is not convinced with this suggestion.