Blogs

Introduction:

In recent times, the Central Government has frequently amended existing laws and, in many cases, replaced old enactments with new legislative frameworks. This trend is particularly evident in tax laws such as the Central Goods and Services Tax Act, 2017 and the Income-tax Act, 1961, along with continuous amendments to the corresponding rules and procedures. The legislative act of amending or replacing an existing law or statutory provision is commonly referred to as...