https://www.taxtmi.com/article/detailed?id=136 Retrospective amendments to fiscal laws erode legal certainty by neutralising judicial rulings rather than curing statutory defects; instead, a just on time amendment approach is advocated whereby anomalies are corrected promptly and prospectively through routine budgetary exercises. Administrative channels should enable field officers to report unintended interpretations directly to legislative authorities so that amendments are made in a timely manner without retrospective effect, preserving taxpayer planning, voluntary compliance, and the credibility of law. en-us Sun, 10 Aug 2008 00:00:00 +0530 Fri, 13 Mar 2009 13:44:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=136 Retrospective amendments to fiscal laws erode legal certainty by neutralising judicial rulings rather than curing statutory defects; instead, a just on time amendment approach is advocated whereby anomalies are corrected promptly and prospectively through routine budgetary exercises. Administrative channels should enable field officers to report unintended interpretations directly to legislative authorities so that amendments are made in a timely manner without retrospective effect, preserving taxpayer planning, voluntary compliance, and the credibility of law. Articles Income Tax Sun, 10 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=136