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India’s Shome report: Retroactivity only in “rarest of rare” cases

Matthew Gilleard
October 14, 2012
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The recommendations of the Parthasarathi Shome-led committee regarding the validity and appropriateness of retrospective amendments to the Indian tax law in light of the retroactive law change following Vodafone, have now been publicised. The panel urged that using retrospective amendments should be reserved for exceptional and rare cases.

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Matthew Gilleard worked at ITR between 2010 and 2016
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