Re-Opening of Assessment – Challenge before Delhi High Court As the legislature has permitted re-assessment to be made only in accordance with the substituted provisions, it can only be done in this manner, or not at all – Delhi High Court. Background: During the outbreak of COVID-19 pandemic, in order
SBS I 18th Edition
Filing of Form 67 as specified in Rule 128(9) is directory in nature and provisions of Rule 128 cannot override the provisions of DTAA. Background: Section 90 of the Income Tax Act, 1961 provides that the Central Government may enter into agreement with Government any country or territory outside India