Retrospective amendment in section 140 of CGST Act-An overview2 comments Wednesday, May 20, 2020
Whenever
a new tax regime replaces an old tax regime there are numerous changes which a
taxpayer faces and there are lot of
legal challenges in the transition from old regime to new regime. For the
smooth transition of the new tax regime it is quite common to introduce the
transitional provisions under the new tax law.
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