The penalty imposed by the National Anti-Profiteering Authority (NAA) on non-passing of the benefit of tax reduction is not violative of the fundamental right i.e. Right to Trade/ Business Decision. The anti-profiteering watchdog was considering an application filed by the Deputy Commissioner of State Tax and Director General of Anti-Profiteering against M/s Le Reve Pvt. […]
The post Penalty imposed on Non-Passing of benefit of Tax Reduction is not violative of Right to Trade: NAA [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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