Wednesday, August 8, 2018

Provision on disqualification of directors for default in filing returns cannot be applied retrospectively

CL : When disqualification clause was not attracted to directors of private companies under old Act of 1956, same cannot be allowed to take a retrospective effect under New Act, when provision of section 164(2)(a) came into force from 1-4-2014

from www.taxmann.com Latest Case Laws https://ift.tt/2M0fViG
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