https://www.taxtmi.com/highlights?id=32835 It is settled principle of interpretation of fiscal law that taxing statute should be construed strictly. When the provision is free from doubt or ambiguity, there is no need to draw any analogy. If the subject comes within the letter of the provision, then it must be taxed however great the hardship appears to be to the mind of the court. - AT en-us Thu, 12 Jan 2017 09:03:34 +0530 Thu, 12 Jan 2017 09:03:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=32835 It is settled principle of interpretation of fiscal law that taxing statute should be construed strictly. When the provision is free from doubt or ambiguity, there is no need to draw any analogy. If the subject comes within the letter of the provision, then it must be taxed however great the hardship appears to be to the mind of the court. - AT Highlights Income Tax Thu, 12 Jan 2017 09:03:34 +0530 https://www.taxtmi.com/highlights?id=32835