https://www.taxtmi.com/caselaws?id=257789 The Supreme Court upheld the legislative competence to retrospectively amend Section 26(4) of the Karnataka Agricultural Income Tax Act, including dissolved firms within the scope of assessment for income received post-dissolution. The court held that the amendment did not directly nullify previous judicial decisions but altered the legal basis on which they were made. The impugned judgment of the High Court of Karnataka was set aside, and the appeals were allowed, with no orders as to costs. en-us Tue, 17 Mar 2015 00:00:00 +0530 Sat, 18 Aug 2018 14:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257789 The Supreme Court upheld the legislative competence to retrospectively amend Section 26(4) of the Karnataka Agricultural Income Tax Act, including dissolved firms within the scope of assessment for income received post-dissolution. The court held that the amendment did not directly nullify previous judicial decisions but altered the legal basis on which they were made. The impugned judgment of the High Court of Karnataka was set aside, and the appeals were allowed, with no orders as to costs. Case-Laws Income Tax Tue, 17 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257789