The Bombay High Court in the case of Multi Commodity Exchange of India v. DCIT by its Bench constituting of Justices Akil Kureshi and B.P. Colabawalla held that for the assessment years 2010-11 and 2011-12 unamended provisions of Section 142(2A) would apply which led to dismissing the petition. The petitioner is a recognized Commodity Exchange, […]
The post Bombay HC rules against Multi Commodity Exchange of India affirming Special Audit [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
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