Monday, April 27, 2020

Subsequent notifications did not take away any vested right conferred under earlier notifications:SC

EX/ST/VAT: Where Government of India announced an Incentive Scheme for setting up New Industries in earthquak hit Kutch district by issuing Exemption Notification No. 39/2001-CE, dated 31.07.2001 and subsequently with intention to provide excise duty exemption only in respect of genuine manufacturing activities carried out in these areas, issued Notification No. 16/2008-CE, dated 27.03.2008 which did not take away any vested right conferred under earlier notifications/policies,

from www.taxmann.com Latest Case Laws https://ift.tt/2zu4WbO

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...