https://www.taxtmi.com/caselaws?id=67044 The Tribunal upheld the Appellate Assistant Commissioner's decision to grant relief to the assessee based on the retrospective effect of the amendment introduced in 1972. The Tribunal found no fault in the AAC's interpretation of Expln. 1 to s. 5(1)(viii) of the ET Act and dismissed the revenue's appeals, citing the later judgment's specific addressal of the provision in question. en-us Mon, 16 Aug 1982 00:00:00 +0530 Tue, 08 Mar 2011 18:16:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67044 The Tribunal upheld the Appellate Assistant Commissioner's decision to grant relief to the assessee based on the retrospective effect of the amendment introduced in 1972. The Tribunal found no fault in the AAC's interpretation of Expln. 1 to s. 5(1)(viii) of the ET Act and dismissed the revenue's appeals, citing the later judgment's specific addressal of the provision in question. Case-Laws Wealth-tax Mon, 16 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67044