Section 148A limits time, infuses procedure, yet retains arbitrariness

This article discusses the fallacies related to the grant of limitless powers to the CAG to raise objections on assessment orders, which shall constitute information for reassessment proceedings; this step will increase the possibilities of litigation, besides raising the compliance costs of taxpayers.This article discusses the fallacies related to the grant of limitless powers to the CAG to raise objections on assessment orders, which shall constitute information for reassessment proceedings; this step will increase the possibilities of litigation, besides raising the compliance costs of taxpayers.taxmann.com Latest ArticlesRead More

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