Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Tax Penalty Exemption: Section 13 Limits Retrospective Application for Specific Assessment Year Interpretation</h1> The statutory provision addresses a specific scenario involving tax penalty assessments. Where the Supreme Court previously interpreted a tax penalty clause for a particular assessment year, section 13 of the Direct Taxes (Amendment) Act shall not apply to the penalty order for that specific year, effectively exempting certain tax assessments from the amended legislation's provisions.
TaxTMI 
TaxTMI 
