No retrospective change in I-T Bill, only simplification: Baijayant Panda
The new Income-Tax Bill does not override the intent of the Income Tax Act, 1961, but simplifies its language and…
Tag: prospective or retrospective
SC to hear pleas challenging retrospective tax on online gaming from May 5
The Supreme Court on Tuesday said it will hear the pleas by online gaming companies challenging the 28 per cent Goods and Services Tax (GST) on all forms of online real-money gaming from May 5.
Supreme Court Judgment on ‘Prospective or Retrospective’ implications of Changes/amendment in Law
In GST, in last 6 years , many amendments were made in law. Some amendments were made prospectively, whereas some were made retrospectively.