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1. Search Case laws by Section / Act / Rule β now available beyond Income Tax. GST and Other Laws Available


2. New: βIn Favour Ofβ filter added in Case Laws.
Try both these filters in Case Laws β
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<h1>Statutory Amendments: Balancing Retrospective and Prospective Application to Preserve Legislative Intent and Legal Rights</h1> Legal principles govern the retrospective or prospective application of statutory amendments. Courts assess whether an amendment is clarificatory or substantive by examining the statute's scheme before and after modification. Clarificatory amendments are deemed retrospective, reflecting the legislature's original intent. Substantive amendments altering legal rights require clear language to be applied retroactively. Curative or remedial amendments may be construed to relate back to the original provision. Amendments establishing uniform evidentiary rules or valuation methods can also be given retrospective effect based on legislative intent and practical considerations.