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Section 43D - applicability - cooperative bank - One way of ...


Section 43D's Curative Nature: Applies to Ongoing Proceedings for Cooperative Banks, Despite Lack of Explicit Retrospective Effect.

February 5, 2019

Case Laws     Income Tax     HC

Section 43D - applicability - cooperative bank - One way of looking at this amendment, can be that, the same is curative in nature and would, therefore, apply to pending proceedings, notwithstanding the fact that, the legislature has not made the provision retrospective.

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