Jurisdiction of BIFR - Scaling down of interest - In the case of ...

BIFR's Role in Scaling Down Interest: SICA Section 32 Overrides Conflicting Income Tax Act Provisions, Including Section 72A.

July 23, 2013

Case Laws Income Tax HC

Jurisdiction of BIFR - Scaling down of interest - In the case of Section 32 SICA, the specific exclusion of two enactments, and the express reference to Section 72A of the Income Tax Act, to say that its provisions apply (by Section 32 (2)) manifest Parliamentary intention that provisions of SICA have to prevail over those of the Income Tax Act- HC

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Jurisdiction of BIFR - Scaling down of interest - In the case of ...

BIFR's Role in Scaling Down Interest: SICA Section 32 Overrides Conflicting Income Tax Act Provisions, Including Section 72A.

July 23, 2013

Case Laws Income Tax HC

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