Though, the Act does not lay down any time limit for initiating ...

No Time Limit in Section 158BD, But Equity Demands Timely Proceedings to Avoid Prolonged Uncertainty for Taxpayers.

September 17, 2012

Case Laws Income Tax AT

Though, the Act does not lay down any time limit for initiating proceedings u/s.158BD yet, equity demands that proceedings should not be kept pending indefinitely and the Sword of Damocles be kept hanging over the head of the taxpayer for an indefinite period - AT

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Though, the Act does not lay down any time limit for initiating ...

No Time Limit in Section 158BD, But Equity Demands Timely Proceedings to Avoid Prolonged Uncertainty for Taxpayers.

September 17, 2012

Case Laws Income Tax AT

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