Can I read Legality of IT Act Notice u/s 148 on EtoBox?
Legality of IT Act Notice u/s 148 by Souvik Sarkar is a document available to read on EtoBox.
What is Legality of IT Act Notice u/s 148 about?
The document discusses whether amendments made to exclude goodwill from the definition of block of assets under section 32 of the Income Tax Act are retrospective or prospective. The Technical Officer comments that the amendments were introduced by Act 13 of 2021 to override a Supreme Court judgment and involved changes to multiple sections of the Act and new rules. Given the layered nature of the amendments, the Technical Officer
- Author
- Souvik Sarkar
- Language
- EN