https://www.taxtmi.com/article/detailed?id=710 The Finance Bill 2010 proposes retrospective insertions in the Income-tax Act and Wealth-tax Act empowering the High Court to admit delayed applications or appeals where there was sufficient cause for delay, thereby reviving previously time barred or dismissed tax matters; the memorandum cites divergent High Court views and frames the amendments as clarificatory, while raising concerns that prolonged retrospective change undermines legal certainty and finality. en-us Tue, 09 Mar 2010 00:00:00 +0530 Tue, 09 Mar 2010 11:35:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=710 The Finance Bill 2010 proposes retrospective insertions in the Income-tax Act and Wealth-tax Act empowering the High Court to admit delayed applications or appeals where there was sufficient cause for delay, thereby reviving previously time barred or dismissed tax matters; the memorandum cites divergent High Court views and frames the amendments as clarificatory, while raising concerns that prolonged retrospective change undermines legal certainty and finality. Articles Income Tax Tue, 09 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/article/detailed?id=710