Restitutionary relief against Illegal/Unlawful Taxes vis-à-vis Section 72 of the Indian Contract Act

Over the years,perhaps one of the most potent weapons that Assessees have had against the tax authorities to retrieve the monies that they had lost to them on account of payment of undue or unlawful tax/duties etc is Section 72 of the Contract Act,1872 (r/w Article 265 of the Constitution of India).Over the years,perhaps one of the most potent weapons that Assessees have had against the tax authorities to retrieve the monies that they had lost to them on account of payment of undue or unlawful tax/duties etc is Section 72 of the Contract Act,1872 (r/w Article 265 of the Constitution of India).taxmann.com Latest ArticlesRead More

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