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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Effect of repealing section – Benefit of section 10B - once the ...


High Court Decision: Repeal of Section 10B Erases Its Existence, Impacting Past and Future Income Tax Claims.

January 1, 2015

Case Laws     Income Tax     HC

Effect of repealing section – Benefit of section 10B - once the section is omitted from the statute book, the result is it had never been passed and be considered as a law that never exists - HC

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