![Amendment to Sections 36(1)(va) and 43B under Finance Act, 2021 has no Retrospective Effect: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Amendment-Finance-Act-Retrospective-Effect-ITAT-deletes-Addition-taxscan.jpg "Amendment to Sections 36(1)(va) and 43B under Finance Act, 2021 has no Retrospective Effect: ITAT deletes Addition [Read Order]")
Amendment to Sections 36(1)(va) and 43B under Finance Act, 2021 has no Retrospective Effect: ITAT deletes Addition [Read Order]
The ITAT, Delhi bench, relying on a catena of decisions, has observed that amendment to Section 36 (1)(va) and Section 43B effected by Finance Act...
![Latest Amendment to Sec 36(1)(va) and 43B of Income Tax Act has no Retrospective Effect: ITAT allows Deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Latest-Amendment-Amendment-S.-361va-43B-of-Income-Tax-Act-Income-tax-act-Retrospective-Effect-ITAT-Deduction-Taxscan.jpg "Latest Amendment to Sec 36(1)(va) and 43B of Income Tax Act has no Retrospective Effect: ITAT allows Deduction [Read Order]")
![No Retrospective effect for Customs Notification increasing Duty on Peas: Madras High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2020/09/retrospective-effect-Customs-Madras-High-Court-Peas-Taxscan-1.jpg "No Retrospective effect for Customs Notification increasing Duty on Peas: Madras High Court [Read Judgment]")
![Settlement Commission can’t pass Orders with Retrospective Effect: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/04/Settlement-Commission-Bombay-High-Court.jpg "Settlement Commission can’t pass Orders with Retrospective Effect: Bombay High Court [Read Judgment]")
![Amendment to S. 40(a)(ia) has Retrospective Effect: Bombay High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/01/GST-Bombay-High-Court-Taxscan.jpg "Amendment to S. 40(a)(ia) has Retrospective Effect: Bombay High Court [Read Judgment]")
Cancellation of Registration Granted to Trust u/s 12AA(3) of the Income Tax Act has no Retrospective Effect: Delhi High Court [Read Judgment]
The Delhi High court has held that the provision for cancellation of registration granted to charitable trust under section 12AA (3) of the Income Tax Act, 1961 has no retrospective effect. The...
![Cancellation of Registration Granted to Trust u/s 12AA(3) of the Income Tax Act has no Retrospective Effect: Delhi High Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2016/06/Delhi-High-Court-Tax-Scan-1.jpg "Cancellation of Registration Granted to Trust u/s 12AA(3) of the Income Tax Act has no Retrospective Effect: Delhi High Court [Read Judgment]")
CBDT Circular prescribing Monetary Limit for filing Appeal has Retrospective Effect: Rajasthan HC [Read Judgment]
A division bench of the Rajasthan High Court has held that the circular issued by the Central Board of Direct Taxes (CBDT) wherein the Board prescribed the monetary limit for filing appeals by the...
![CBDT Circular prescribing Monetary Limit for filing Appeal has Retrospective Effect: Rajasthan HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/01/RajasthanHighCourt-Taxscan.jpg "CBDT Circular prescribing Monetary Limit for filing Appeal has Retrospective Effect: Rajasthan HC [Read Judgment]")
Amendment to IT Act enabling Adjustment of Seized Assets against Advance Tax do not have Retrospective Effect: CBDT
The Central Board of Direct Taxes (CBDT) recently clarified that the amendment to Explanation 2 of the Income Tax Act, 1961 enabling adjustment of Seized Assets against advance tax has prospective...
No Retrospective effect to Amendment providing exemption to Special Additional duty from Basic Customs duty: SC [Read Judgment]
The two-judge bench of the Supreme Court of India, in a recent decision held that the Notification No. 124/2000 which was issued to amend the Notification No. 37/96 in order to exempt the Special...
Supreme Court strikes down retrospective effect given to Amendment of Sub-section (20) of Section 19 of TNVAT Act [Read Judgment]
In a recent Judgment of Jayam & Co. vs Assistant Commissioner and Anr, the division bench of Supreme Court has struck down retrospective effect given to Amendment of Sub-section(20) of Section 19...