CA NeWs Beta*: Why The Retrospective Amendments in Finance Bill 2012 May Not Be Valid

Search This Site

Thursday, March 29, 2012

Why The Retrospective Amendments in Finance Bill 2012 May Not Be Valid


Why The Retrospective Amendments in Finance Bill 2012 May Not Be Valid


by Shri. K. C. Singhal, Advocate, VP, ITAT (Retd)

The author, a former Vice-President of the Tribunal & now a practicing advocate, explains why the retrospective amendments proposed in the Finance Bill 2012 may not meet the test of law. He also points out that retrospective amendments to reverse settled principles of law result in enormous harassment for the tax payer and send out an adverse message to citizens & foreign investors that the India does not play fair



(Click Here To Read More)

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
For mobile version of this site click here


News Archive

Recommended Post Slide Out For Blogger