Section 132 Income Tax Act
-
{
- All
- News
- Videos
-
Taxmen Won't Need Reason To Raid After Changes To Law: 10 Points
Tax raids based on unsubstantiated rumours or simply suspicion will be legit after the government's tweaks to the Income Tax law. But the changes will be effective retrospectively in an apparent turnaround by the government despite its promise not to do so. The amendment to Section 132 of the Income Tax Act dealing with searches by taxmen says that...
-
For Tax Raids, Reason Need Not Be Revealed After Retrospective Change To Law
Tax raids based on an unsubstantiated rumour or suspicion is legit after the government has made changes to law retrospectively, going back on its own promise not to do so.
-
Taxmen Won't Need Reason To Raid After Changes To Law: 10 Points
Tax raids based on unsubstantiated rumours or simply suspicion will be legit after the government's tweaks to the Income Tax law. But the changes will be effective retrospectively in an apparent turnaround by the government despite its promise not to do so. The amendment to Section 132 of the Income Tax Act dealing with searches by taxmen says that...
-
For Tax Raids, Reason Need Not Be Revealed After Retrospective Change To Law
Tax raids based on an unsubstantiated rumour or suspicion is legit after the government has made changes to law retrospectively, going back on its own promise not to do so.
