How Budget 2021 has reduced taxpayers’ rights
Consequently, settled judicial precedents that reopening of cases cannot be on the basis of ‘change of opinion’ has now become irrelevant. By TV Mohandas Pai & S Krishnan The Budget FY22 presented by finance minister Nirmala Sitharaman on February 1, 2021, was commendable for various reasons—not imposing additional tax burden on taxpayers, substantially increasing capital …