CBDT letter violating Plain And Unambiguous Provision of Income Tax Act and Finance Act not Valid: Calcutta HC dismisses Writ Appeal [Read Order]

The court held that the appellant is liable to tax at the rate applicable to a company other than a domestic company as provided in the Finance Act
By Yogitha S. Yogesh - On June 3, 2024 12:13 pm - 3 mins read
Calcutta High Court - invalid CBDT letter - Finance Act violation - Income tax violation - taxscan

The Calcutta High Court has held that the letter by the joint secretary of CBDT cannot override the plain and unambiguous provisions of the Income Tax Act, 1961 and the Finance Act. It was observed that the letter of the Joint Secretary violating plain and unambiguous provision of the Income tax act and Finance Act,…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹2299 + GST for 1 year

Subscribe Now

Already a member? Log in here

Topics

taxscan-loader