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Indian Laws - Highlights / Catch Notes

Home Highlights November 2015 Year 2015 This

Simply because the exemption earlier granted to power generating ...

Case Laws     Indian Laws

November 21, 2015

Simply because the exemption earlier granted to power generating companies has been withdrawn so as to subject them to income tax liability under a special provision, cannot lead to any inference as suggested on behalf of the appellant that it is not an income tax but some other tax which is levied under Section 115JB of the Income Tax Act. - SC

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