Court Rules Amendments to Sections 28 and 80HHC Apply Prospectively, Not Retroactively, for Large Exporters.

Court Rules Amendments to Sections 28 and 80HHC Apply Prospectively, Not Retroactively, for Large Exporters. https://www.taxtmi.com/highlights?id=5265 Challenge against insertion of clause (iiid) and (iiie) to Section 28 and third and fourth provisos to Section 80HHC - operation of the said section could be given effect from the date of the amendment and not in respect of earlier assessment years of the assessees whose export turnover is above Rs. 10 Crore. - HC en-us Tue, 11 Sep 2012 14:14:09 +0530 Tue, 11 Sep 2012 14:14:09 +0530 TaxTMI RSS Generator Court Rules Amendments to Sections 28 and 80HHC Apply Prospectively, Not Retroactively, for Large Exporters. https://www.taxtmi.com/highlights?id=5265 Challenge against insertion of clause (iiid) and (iiie) to Section 28 and third and fourth provisos to Section 80HHC - operation of the said section could be given effect from the date of the amendment and not in respect of earlier assessment years of the assessees whose export turnover is above Rs. 10 Crore. - HC Highlights Income Tax Tue, 11 Sep 2012 14:14:09 +0530 https://www.taxtmi.com/highlights?id=5265