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Income Tax - Highlights / Catch Notes

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Re opening of assessment - non inclusion of excise duty in the ...


Reopening Assessment: Excise Duty Exclusion in 1997-98 Closing Stock; Section 145A Inapplicable Before April 1, 1999.

June 5, 2013

Case Laws     Income Tax     AT

Re opening of assessment - non inclusion of excise duty in the closing stock - The assessment year being 1997-98 - the provisions of section 145A inserted by the Finance (No. 2) Act, 1998 with effect from April 1, 1999 could not be invoked - AT

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