https://www.taxtmi.com/caselaws?id=109326 Retrospective tax legislation cannot nullify a company court order fixing the effective date of amalgamation and deeming the transferor company to continue for sales tax purposes. Once the sanctioned scheme terminated the transferor's corporate personality from the specified date, transactions after that date were no longer between distinct entities in law, so a later amendment could not create a new levy by restoring separate existence for the past period. Section 33C was therefore unconstitutional to the extent it operated retrospectively and applied before 4 May 2002. en-us Thu, 08 Jan 2004 00:00:00 +0530 Thu, 27 Jun 2024 13:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109326 Retrospective tax legislation cannot nullify a company court order fixing the effective date of amalgamation and deeming the transferor company to continue for sales tax purposes. Once the sanctioned scheme terminated the transferor's corporate personality from the specified date, transactions after that date were no longer between distinct entities in law, so a later amendment could not create a new levy by restoring separate existence for the past period. Section 33C was therefore unconstitutional to the extent it operated retrospectively and applied before 4 May 2002. Case-Laws Companies Law Thu, 08 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109326