An assessment is not invalid merely for a mistake or defect if it conforms in:
AThe form alone
BSubstance and effect
CThe language used
DThe date of issue
Answer & Solution
Correct answer: B. Substance and effect
Section 160(1) saves proceedings that are in substance and effect in conformity with the intents and purposes of the Act.
Keep practising Miscellaneous Provisions
Browse all Miscellaneous Provisions questions for CA Final, or explore more Indirecttaxlaws topics.
Related questions
Supply of warehoused goods before clearance for home consumption is treated as:Services by any court or Tribunal under law are treated under Schedule III as:Software development and customisation is classed under Schedule II as:Supply of food or drink for human consumption as part of a service is a supply of:Under Schedule II, a works contract is a composite supply treated as:Treatment or process applied to another person's goods is a supply of:A lease or tenancy of land is treated under Schedule II as a supply of:Permanent transfer of assets with ITC availed is treated as: