Waiver or of abandonment of government revenues.
X X X X Extracts X X X X
X X X X Extracts X X X X
....tember 29, 1970 Section(s) Referred: 222 ,87 Statute: Income - Tax Act, 1961 The question of how to deal with the cost incurred in the process of executing recovery certificates in cases in w....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... government foregoing any amount which is otherwise due to it, for admittedly no money is due to the government from the party. Consequently this cannot be said to be a case of waiver or of abandonmen....
TaxTMI