Wednesday, 13 August 2014

If two exemption notifications are operative simultaneously, assessee can choose one which is most b

Excise & Customs : When two exemption notifications, one granting absolute unconditional exemption and other granting unconditional partial exemption, are operative simultaneously, it is choice of assessee to opt for that notification which is more beneficial to him and provisions of section 5A(1A) would not apply


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