The repository of the power i.e. Central Government, had ...
Supreme Court Rules: Foreign Companies' Exemption u/s 24-AA Sub-section 2(a) Can't Be Expanded by Courts.
July 3, 2015
Case Laws Income Tax SC
The repository of the power i.e. Central Government, had consciously chosen to grant exemption in one particular field i.e. foreign companies covered by sub-section 2(a) of Section 24-AA, the scope of the grant cannot be enhanced or expanded by a judicial pronouncement - SC
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