Month: July 2018

Exemption notification should be interpreted strictly. Assessee can not claim benefit of ambiguity-Supreme Court

Exemption notification should be interpreted strictly. Burden of proving applicability is on assessee who can not claim benefit of ambiguity-Supreme Court ABCAUS Case Law Citation: ABCAUS 2443 (2018) 07 SC This Constitution Bench was setup to examine the correctness of the ratio in Sun Export Corporation (Sun Export Case). The question was ­ what is the interpretative rule to be applied while  interpreting …