https://www.taxtmi.com/caselaws?id=307 SC held the Validation Section in the Finance Act, 2002 retrospectively amended the law to treat agents as service providers for broadcasting services, thereby validating past assessments that had found such persons liable. However, the Court ruled that liability to pay interest for periods before the amendment cannot be imposed retrospectively because interest is quasi-punitive; the Explanation prevents retrospective criminality or punishment. Consequently, validated tax demands stand but interest liability operates only prospectively from the amendment. en-us Wed, 30 Mar 2005 00:00:00 +0530 Mon, 22 Sep 2025 16:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307 SC held the Validation Section in the Finance Act, 2002 retrospectively amended the law to treat agents as service providers for broadcasting services, thereby validating past assessments that had found such persons liable. However, the Court ruled that liability to pay interest for periods before the amendment cannot be imposed retrospectively because interest is quasi-punitive; the Explanation prevents retrospective criminality or punishment. Consequently, validated tax demands stand but interest liability operates only prospectively from the amendment. Case-Laws Service Tax Wed, 30 Mar 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307