Exemption notification to be interpreted strictly : Supreme Court

By | August 21, 2018
(Last Updated On: August 21, 2018)

Exemption notification to be interpreted strictly

The Constitutional Bench (five-judge bench) of the Supreme Court held that:

(1) exemption from tax guidance is to be interpreted strictly and the burden to prove its applicability is on the taxpayer;

(2) any ambiguity in the exemption guidance must be interpreted in favour of the tax department; and

(3) prior decisions to the contrary are overturned.

The case is: Dilip Kumar and Company & Ors. Read an August 2018 report [PDF 700 KB] of KEPMG

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