Exemption notification should be interpreted strictly. Assessee can not claim benefit of ambiguity-Supreme Court
July 30, 2018
Income Tax, 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). …