The Retrospective Notoriety

A recent judgment by Hon’ble Income-tax Appellate Tribunal (hereinafter referred to as ‘ITAT’ or ‘Tribunal’), Mumbai in the case of Maria Fernandes Cheryl has stirred the Indian income-tax universe again with its intriguing take on retroactive operation of amendments in Income-tax Act, 1961 (‘Act’).A recent judgment by Hon’ble Income-tax Appellate Tribunal (hereinafter referred to as ‘ITAT’ or ‘Tribunal’), Mumbai in the case of Maria Fernandes Cheryl has stirred the Indian income-tax universe again with its intriguing take on retroactive operation of amendments in Income-tax Act, 1961 (‘Act’).taxmann.com Latest ArticlesRead More

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