Roll Back of Retrospective Amendment – Is This Finally Beginning Of A Graceful End To The Infamous Vodafone amp; Cairn Saga!!

In the backdrop of theModi Government’s renewed, avowed objective of fortifyingthat India continues to be regardedas the choice of preferred destination amongst the emerging economies,augmenting flow of inbound capital,the instant move to amend the Scheme of Income Tax Act, 1961 (‘the Act’)and to do away with Retrospective amendmentcan bestbe acclaimed as a‘leap of faith’.In the backdrop of theModi Government’s renewed, avowed objective of fortifyingthat India continues to be regardedas the choice of preferred destination amongst the emerging economies,augmenting flow of inbound capital,the instant move to amend the Scheme of Income Tax Act, 1961 (‘the Act’)and to do away with Retrospective amendmentcan bestbe acclaimed as a‘leap of faith’.taxmann.com Latest ArticlesRead More

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