TaxBank

TaxBank Financial Services

02/12/2022

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14/08/2021

YOU CAN COUNT ON ME

The Taxation Laws (Amendment) Bill, 2021 was passed by the Rajya Sabha today. It had been passed by the Lok Sabha on 6th...
09/08/2021

The Taxation Laws (Amendment) Bill, 2021 was passed by the Rajya Sabha today.

It had been passed by the Lok Sabha on 6th August, 2021.

Salient features of the Bill proposes to amend Finance Act, 2012 so as to provide that the validation of demand under section 119 of Finance Act, 2012 shall cease to apply on fulfillment of specified conditions & on furnishing of an undertaking.


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