A two-judge bench of the Bombay High Court has held that the advance tax or the self- assessed tax paid by the assessee cannot be set off against tax liability arising IDS declaration for lack of specific provision in the said Scheme. According to the Petitioner, he had already paid a sum of Rs.8,19,465/to the […]
The post Advance Tax / Self-Assessed Tax paid can’t adjust against Tax admitted in IDS Declaration: Bombay HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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