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Income Tax - Highlights / Catch Notes

Home Highlights November 2017 Year 2017 This

Validity and applicability of 'income computation and disclosure ...


High Court Invalidates CBDT's Income Standards as Ultra Vires, Affecting Tax Assessment Rules.

November 8, 2017

Case Laws     Income Tax     HC

Validity and applicability of 'income computation and disclosure standards' (“ICDS”) issued by CBDT - scope of validation laws - Specific ICDS have been struck down as ultra vires the Act - HC

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