Reopening of assessments on account of retrospective amendment made in section 80HHC in respect of ``counter'' sales to foreign tourists in shops and emporia, etc., located in India--Clarification regarding

Reopening of assessments on account of retrospective amendment made in section 80HHC in respect of ``counter'' sales to foreign tourists in shops and emporia, etc., located in India--Clarification regarding https://www.taxtmi.com/circulars?id=5041 A clarificatory amendment specifies that export out of India excludes sales in shops, emporia or other establishments in India not involving customs clearance; the amendment is retrospective and, while it would normally affect completed assessments, past completed assessments will not be reopened except where records clearly show counter sales were given relief under section 80HHC, in which case the Assessing Officer must rectify the mistake. en-us Thu, 23 Jan 1992 00:00:00 +0530 Fri, 08 Aug 2008 17:16:00 +0530 TaxTMI RSS Generator Reopening of assessments on account of retrospective amendment made in section 80HHC in respect of ``counter'' sales to foreign tourists in shops and emporia, etc., located in India--Clarification regarding https://www.taxtmi.com/circulars?id=5041 A clarificatory amendment specifies that export out of India excludes sales in shops, emporia or other establishments in India not involving customs clearance; the amendment is retrospective and, while it would normally affect completed assessments, past completed assessments will not be reopened except where records clearly show counter sales were given relief under section 80HHC, in which case the Assessing Officer must rectify the mistake. Circulars Income Tax Thu, 23 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5041