Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Validation of tax demands preserves legal efficacy of specified prior notices despite procedural defects. The Finance Act provides a validation provision treating specified prior demands, notices, or proceedings under the Income-tax Act as effective despite ... Summary
Validation of tax demands preserves legal efficacy of specified prior notices despite procedural defects.
The Finance Act provides a validation provision treating specified prior demands, notices, or proceedings under the Income-tax Act as effective despite defects in form, procedure, or authority, thereby restoring legal efficacy to those acts while preserving substantive tax liabilities.
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