Income Tax Act: Distinct Roles of Sections 69B and 69C; Broad Interpretation Could Nullify Section 69C's Purpose. https://www.taxtmi.com/highlights?id=4705 The scope and ambit of section 69B and 69C are altogether different. - If the contention of the Revenue is accepted and the expression is given a wider meaning as sought to be made out, the provisions of section 69C shall be rendered otiose. - HC en-us Tue, 07 Aug 2012 08:23:09 +0530 Tue, 07 Aug 2012 08:23:09 +0530 TaxTMI RSS Generator Income Tax Act: Distinct Roles of Sections 69B and 69C; Broad Interpretation Could Nullify Section 69C's Purpose. https://www.taxtmi.com/highlights?id=4705 The scope and ambit of section 69B and 69C are altogether different. - If the contention of the Revenue is accepted and the expression is given a wider meaning as sought to be made out, the provisions of section 69C shall be rendered otiose. - HC Highlights Income Tax Tue, 07 Aug 2012 08:23:09 +0530 https://www.taxtmi.com/highlights?id=4705