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Parliament earlier this month passed a bill to scrap all tax demands made using the 2012 retrospective tax legislations. The bill provides for government refunding the retro tax to companies provided all legal challenges are withdrawn.
Now the rules for the same have to be framed, which Sitharaman said will be done soon.
”I will follow the law passed in Parliament,” she said.
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”No discussions with me (have happened) so far,” she said.