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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Liability to pay interest - merely because certain aspects were ...


Court Confirms Interest Liability Stands Despite Oversights in Presenting Relevant Provisions; Precedents Must Be Followed.

April 29, 2014

Case Laws     Income Tax     HC

Liability to pay interest - merely because certain aspects were not considered or that relevant provisions were not brought to the notice of the Court, is not enough to ignore and brush aside a binding precedent - HC

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