https://www.taxtmi.com/caselaws?id=69633 The Tribunal held that the amendment to Section 40 of the Finance Act, 1983, extending exemption to buildings used for employee residences without salary restrictions, should be applied prospectively from the amendment date, not retrospectively. The appellant's claim for retrospective application was dismissed, and the decision favored the revenue. en-us Fri, 18 Feb 2000 00:00:00 +0530 Thu, 20 Jun 2013 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69633 The Tribunal held that the amendment to Section 40 of the Finance Act, 1983, extending exemption to buildings used for employee residences without salary restrictions, should be applied prospectively from the amendment date, not retrospectively. The appellant's claim for retrospective application was dismissed, and the decision favored the revenue. Case-Laws Wealth-tax Fri, 18 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69633