Rule of retrospectivity ignored – whether judgment in Ashish Aggarwal per incurium?

The Hon’ble Supreme Court of India in the case of Union of India v. Ashish Agarwal, through an act of judicial legislation while exercising power under Article 142 of the Constitution of India has given a judicial burial to the controversy arising as a result of notices under Section 148 of the Income Tax Act, 1961 issued to the assessee’s after the provisions of Section 148A had been brought on the statute book with effect from 01.04.2021.The Hon’ble Supreme Court of India in the case of Union of India v. Ashish Agarwal, through an act of judicial legislation while exercising power under Article 142 of the Constitution of India has given a judicial burial to the controversy arising as a result of notices under Section 148 of the Income Tax Act, 1961 issued to the assessee’s after the provisions of Section 148A had been brought on the statute book with effect from 01.04.2021.taxmann.com Latest ArticlesRead More

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