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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Applicability of Explanation (c) to Section 115JB(1)(MAT) - ...


High Court Confirms Retrospective Amendments Don't Affect Prior Relief for Bad Debts u/s 115JB(1) MAT Provisions.

April 7, 2016

Case Laws     Income Tax     HC

Applicability of Explanation (c) to Section 115JB(1)(MAT) - Provisions made for Bad and Doubtful debts -even if amendment which is made retrospective the benefit given by the Tribunal and the appellate Commissioner to the assessee is in no way affected - HC

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