https://www.taxtmi.com/caselaws?id=335970 The Supreme Court clarified that Section 80 HHC of the Income Tax Act, 1961, as amended in 2005, operates prospectively. The Court also confirmed the applicability of turnover thresholds to both categories, below and above 10 crores, based on a previous order. This judgment settles any ambiguity on the prospective application of the provision and affirms the interpretation of turnover thresholds. en-us Fri, 02 Dec 2016 00:00:00 +0530 Tue, 13 Dec 2016 12:24:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335970 The Supreme Court clarified that Section 80 HHC of the Income Tax Act, 1961, as amended in 2005, operates prospectively. The Court also confirmed the applicability of turnover thresholds to both categories, below and above 10 crores, based on a previous order. This judgment settles any ambiguity on the prospective application of the provision and affirms the interpretation of turnover thresholds. Case-Laws Income Tax Fri, 02 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335970