False deduction provision expanded to include expenses or allowances found false, enabling retrospective treatment in tax assessments. Amendment expands section 158B(6) to include any expense, deduction or allowance claimed under this Act which is found to be false, bringing false claims within the provision's scope and providing for retrospective application to address such claims in assessments and related proceedings.
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Provisions expressly mentioned in the judgment/order text.
False deduction provision expanded to include expenses or allowances found false, enabling retrospective treatment in tax assessments.
Amendment expands section 158B(6) to include any expense, deduction or allowance claimed under this Act which is found to be false, bringing false claims within the provision's scope and providing for retrospective application to address such claims in assessments and related proceedings.
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