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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Challenge against insertion of clause (iiid) and (iiie) to ...


Court Rules Amendments to Sections 28 and 80HHC Apply Prospectively, Not Retroactively, for Large Exporters.

September 11, 2012

Case Laws     Income Tax     HC

Challenge against insertion of clause (iiid) and (iiie) to Section 28 and third and fourth provisos to Section 80HHC - operation of the said section could be given effect from the date of the amendment and not in respect of earlier assessment years of the assessees whose export turnover is above Rs. 10 Crore. - HC

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