https://www.taxtmi.com/caselaws?id=255775 The High Court of Gujarat remanded all tax appeals to the Assessing Officer for fresh consideration. The Court clarified that the proviso to Section 43B of the Income Tax Act, as amended by the Finance Act, 2003, is not retrospective in nature, emphasizing compliance with due dates for fund contributions. Additionally, discrepancies in stock declarations and belated payments of PF and ESIC were subject to further review based on relevant legal interpretations. The Court set aside previous orders without expressing opinions on the merits of the cases. en-us Fri, 12 Dec 2014 00:00:00 +0530 Tue, 27 Jan 2015 10:50:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255775 The High Court of Gujarat remanded all tax appeals to the Assessing Officer for fresh consideration. The Court clarified that the proviso to Section 43B of the Income Tax Act, as amended by the Finance Act, 2003, is not retrospective in nature, emphasizing compliance with due dates for fund contributions. Additionally, discrepancies in stock declarations and belated payments of PF and ESIC were subject to further review based on relevant legal interpretations. The Court set aside previous orders without expressing opinions on the merits of the cases. Case-Laws Income Tax Fri, 12 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255775