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Income Tax - Highlights / Catch Notes

Home Highlights December 2011 Year 2011 This

Assessment under Section 44BBB - completion of contract is prior ...


Section 44BBB can't be applied retroactively to contracts completed before its enactment in the Income Tax Act.

December 18, 2011

Case Laws     Income Tax     HC

Assessment under Section 44BBB - completion of contract is prior to coming into force of the provisions of Section 44BBB of the Act. - revenue cannot invoke Section 44 BBB of the Act.... - HC

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