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Income Tax - Highlights / Catch Notes

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Advance Rulings - it serves no purpose, and certainly not that ...


Court Upholds Validity of Section 245R(2) Exemption for PSUs; No Violation of Article 14 Equality Rights Found.

February 19, 2016

Case Laws     Income Tax     HC

Advance Rulings - it serves no purpose, and certainly not that of the Petitioner, to pronounce on the validity of the portion of clause (i) of Section 245R(2) of the Act, that exempts resident PSUs from the bar of that provision, to be violative of Article 14 of the Constitution - HC

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