Difference between fine and penalty- A never ending controversy

Whenever a new section is introduced or a section in the statute book amended by the Legislature to bring in better clarity, it is earnestly believed by taxmen, professionals and tax paying public that there would be no legal disputes with regard to interpretation of such amended provisions of the section.Whenever a new section is introduced or a section in the statute book amended by the Legislature to bring in better clarity, it is earnestly believed by taxmen, professionals and tax paying public that there would be no legal disputes with regard to interpretation of such amended provisions of the section.taxmann.com Latest ArticlesRead More

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