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Day: January 3, 2021

Posted on January 3, 2021

A Continuing Tussle on Taxation Of Liquidated Damages

By Nikshetaa Jain and Tushar Chitlangia, students at National Law University Odisha

Introduction

The setbacks created by COVID-19 had major ramifications across the world, and businesses were no exceptions. Due to the lockdowns, the supply chains were disrupted and as a consequence, some parties were not able to perform the contract.

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