https://www.taxtmi.com/caselaws?id=100650 A notification granting an exemption may be amended, varied, rescinded, or withdrawn by the issuing authority under section 21 of the General Clauses Act, 1897, and a later withdrawal is not retrospective merely because it affects existing arrangements from the date of change. The document also states that firm residency under the Foreign Exchange Regulation Act, 1973 depends on the place of real control and management, not only where trading operations occur. Where the partners were resident in India and controlled the business from India, the firm was treated as resident in India and subject to the Act. en-us Thu, 02 Dec 1982 00:00:00 +0530 Fri, 03 Feb 2012 17:25:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100650 A notification granting an exemption may be amended, varied, rescinded, or withdrawn by the issuing authority under section 21 of the General Clauses Act, 1897, and a later withdrawal is not retrospective merely because it affects existing arrangements from the date of change. The document also states that firm residency under the Foreign Exchange Regulation Act, 1973 depends on the place of real control and management, not only where trading operations occur. Where the partners were resident in India and controlled the business from India, the firm was treated as resident in India and subject to the Act. Case-Laws Companies Law Thu, 02 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100650