Applicability
RAMANATHAN K (ARTICLE ASSISTANCE) (205 Points)
10 December 2014RAMANATHAN K (ARTICLE ASSISTANCE) (205 Points)
10 December 2014
Rahul Agarwal
(Chartered Accountant)
(213 Points)
Replied 12 December 2014
Well, that is how it Finance Act 1994 was enacted. I hope you are not trying to question why it was enacted as such.
Manish K.Gandhi
(Superintendent)
(966 Points)
Replied 24 December 2014
It is within power of Parliament/Legislation as to which levy to be created and how to be implimented after purposely considering various aspects by the learned Financial Experts.